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International News: United States spend $5 billion for development of new COVID vaccines

Covid vaccines

Posted: Tuesday, April 11, 2023. 9:15 am CST.

By Zoila Palma Gonzalez: The United States Government is reportedly spending over $5 billion for the development of new COVID-19 vaccines and treatments.

According to Reuters, “Project NextGen” is being conducted to provide better protection against COVID-19.

“While our vaccines are still very effective at preventing serious illness and death, they are less capable of reducing infections and transmission over time,” a spokesperson from the Department of Health and Human Services noted.

“New variants and loss of immunity over time could continue to challenge our healthcare systems in the coming years,” the spokesperson added.

Project NextGen will accelerate and streamline the rapid development of the next generation of vaccines to protect against COVID-19 and treatments through public-private collaborations.

This aims to create long-lasting monoclonal antibodies resistant to new COVID-19 variants.

 

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