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Project Nextgen

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health2 years ago•3 min saved

"Project NextGen Funds $1.4 Billion for COVID-19 Vaccine and Therapeutic Development"

The U.S. Department of Health and Human Services (HHS) has awarded over $1.4 billion to Project NextGen, a program aimed at developing the future of COVID-19 vaccines and therapeutics. The funding includes $1 billion for vaccine clinical trials, $326 million for a new monoclonal antibody, and $100 million to explore novel vaccine and therapeutic technologies. The initiative, led by HHS' Biomedical Advanced Research and Development Authority (BARDA) and the National Institute of Allergy and Infectious Diseases (NIAID), aims to accelerate the development of more effective and longer-lasting coronavirus vaccines, streamline manufacturing processes, and address the evolving nature of the virus.

via HHS.gov|

#covid-19 #funding #health

health2 years ago•2 min saved

"US invests $5 billion to accelerate development of next-gen COVID vaccines and therapies"

The US government is investing over $5 billion in "Project NextGen" to accelerate the development of new COVID-19 vaccines and treatments in collaboration with the private sector. The project aims to provide better protection against future coronaviruses, including variants, and will cover all phases of development, lab research, clinical trials, and delivery. The focus will be on developing long-lasting monoclonal antibodies resistant to new COVID-19 variants and vaccines that produce mucosal immunity and can be administered through the nose to reduce infection and transmission rates.

via Fox Business|

#covid-19 #health #hhs

health2 years ago•5 min saved

Project NextGen: White House Accelerates COVID Vaccine Development

The White House has announced a $5 billion program, Project NextGen, to accelerate the development of next-generation COVID-19 vaccines and treatments. The program aims to develop longer-lasting vaccines that protect against all COVID variants and future coronaviruses, as well as a nasal vaccine that will hopefully prevent infection as well as severe disease. The funding will also include the development of more durable monoclonal antibodies resistant to new variants. The initial allocation of $5 billion for Project NextGen will be financed through money saved from contracts costing less than originally estimated.

via USA TODAY|

#antibodies #covid-19 #health