German Ministry Invests Record Sum in Corona Vaccine Development

May 2020

Germany’s Ministry of Education and Research is putting up to EUR 750 million into national efforts to develop a coronavirus vaccine. This money comes on top of what Germany is already investing in international efforts to come up with a vaccine.

The sum represents a ministry record in the fight against the coronavirus.

In announcing the program, Research Minister Anja Karliczek stressed the need to support clinical studies of vaccine candidates.

“Such studies usually take place successively and with the necessary numbers of test subjects,” the ministry said in a statement. “This special program is intended to make studies with larger numbers of test subjects possible. This is very time-consuming and expensive but promises quicker results.”

At the same time, Karliczek emphasized that the middle of 2021 was the earliest a vaccine could be widely accessible.

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