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The German authorities stated Tuesday it will pour €750 million in grants into three native corporations creating coronavirus vaccines, bringing Berlin’s complete wager on such analysis to greater than €1 billion, as nations race to develop an inoculant that may halt the unfold of the pandemic.
Half of the funds—€375 million—will go to BioNTech SE, which has teamed up with the U.S. pharmaceutical big Pfizer Inc. to develop a Covid-19 vaccine that’s now in the ultimate stage of testing and may very well be submitted for regulatory approval between…
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