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U.S. Goverment awards $1.4 billion to develop new Covid-19 vaccines and therapies

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The funding is part of Project NextGen, a $5 billion government initiative to develop new and more durable vaccines and treatments for the coronavirus, which continues to infect, hospitalize and kill Americans more than three years after its emergence. ...day.

The funding includes $300 million to the drug manufacturer Regeneron for the development and testing of a new preventive monoclonal antibody, similar to the now-defunct Evusheld, which will help protect people who don’t respond well to vaccines. Clinical trials of the new antibody therapy will begin in the fall.

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