Germany tries to halt U.S. interest in firm working on coronavirus vaccine

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Germany tries to halt U.S. interest in firm working on coronavirus vaccine GlobeBusiness

Philipp Hoffmann of German biopharmaceutical company CureVac, demonstrates research workflow on a vaccine for the coronavirus disease at a laboratory in Tuebingen, Germany, March 12, 2020.Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German politicians to insist no country should have a monopoly on any future vaccine.

A U.S. official said: “This story is wildly overplayed … We will continue to talk to any company that claims to be able to help. And any solution found would be shared with the world.” CureVac issued a statement on Sunday, in which it said: “The company rejects current rumours of an acquisition.”CureVac’s main investor Dietmar Hopp said he was not selling and wanted CureVac to develop a coronavirus vaccine to “help people not just regionally but in solidarity across the world.”

She cited Germany’s foreign trade law, under which Berlin can examine takeover bids from non-EU, so-called third countries “if national or European security interests are at stake.” CureVac in 2015 and 2018 secured financial backing for development projects from its investor the Bill & Melinda Gates Foundation, working on shots to prevent malaria and influenza.

 

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globebusiness Does the G&M hate the US/Trump so much that they wouldn’t promote the vaccine discovered in Canada?

globebusiness Imagine trying to bribe and steal away German efforts, possibly delaying a solution, so you can claim your country found the vaccine.

globebusiness What a stupid headline

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