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EU pumps €232M toward coronavirus as alarm grows in Italy

by The Editor
February 25, 2020
in Health
0
EU pumps €232M toward coronavirus as alarm grows in Italy

The European Commission on Monday announced an additional €232 million in aid toward fighting the novel coronavirus.

The infusion of cash was planned ahead of the growing outbreak in Italy over the weekend, officials said a press conference Monday. The country reported five deaths as of this afternoon.

Most of the cash — €114 million — will go toward the World Health Organizations appeal to fight the disease, known as COVID-19, worldwide. Another €15 million will go toward Africa to boost the continents diagnostic abilities.

A public-private partnership for pharmaceutical development could also see up to €90 million, with funding split evenly between the Commission and the industry. The Innovative Medicines Initiative is launching a fast-track call for new proposals next month to fight the coronavirus.

While projects to develop new treatments and diagnostics could be eligible, vaccines will be specifically excluded from the effort, according to IMI.

Another €10 million is earmarked for grants related to research on prevention, treatment and containment, while €3 million will go toward the EU Civil Protection Mechanism to bring EU citizens back from Wuhan, China.

Amid an “evolving” situation, Kyriakides said, “we need to be extremely vigilant, but on the other hand base our decisions on risk assessment and scientific advice.”

The European Centre for Disease Prevention and Control (ECDC) updated its risk assessment late on Sunday, saying that the risk elsewhere in Europe of the occurrence of clusters similar to the Italian one “is currently considered to be moderate to high.”

A WHO-ECDC mission will head to Italy on Tuesday, Health Commissioner Stella Kyriakides said. The EUs

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The European Commission on Monday announced an additional €232 million in aid toward fighting the novel coronavirus.

The infusion of cash was planned ahead of the growing outbreak in Italy over the weekend, officials said a press conference Monday. The country reported five deaths as of this afternoon.

Most of the cash — €114 million — will go toward the World Health Organizations appeal to fight the disease, known as COVID-19, worldwide. Another €15 million will go toward Africa to boost the continents diagnostic abilities.

A public-private partnership for pharmaceutical development could also see up to €90 million, with funding split evenly between the Commission and the industry. The Innovative Medicines Initiative is launching a fast-track call for new proposals next month to fight the coronavirus.

While projects to develop new treatments and diagnostics could be eligible, vaccines will be specifically excluded from the effort, according to IMI.

Another €10 million is earmarked for grants related to research on prevention, treatment and containment, while €3 million will go toward the EU Civil Protection Mechanism to bring EU citizens back from Wuhan, China.

Amid an “evolving” situation, Kyriakides said, “we need to be extremely vigilant, but on the other hand base our decisions on risk assessment and scientific advice.”

The European Centre for Disease Prevention and Control (ECDC) updated its risk assessment late on Sunday, saying that the risk elsewhere in Europe of the occurrence of clusters similar to the Italian one “is currently considered to be moderate to high.”

A WHO-ECDC mission will head to Italy on Tuesday, Health Commissioner Stella Kyriakides said. The EUs

politico

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