ARTICLE | Finance
Amid concerns of COVID-19 vaccine nationalism, Germany takes €300M stake in CureVac
June 15, 2020 4:51 PM UTC
Less than three months after media reports suggested the U.S. had attempted to gain exclusive rights to a COVID-19 vaccine from CureVac, the German government is taking the extraordinary step of making its first direct investment in a biotech company.
Germany’s €300 million ($337.3 million) stake in CureVac comes as the Tübingen-based mRNA company prepares to start clinical testing of the vaccine this month...
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