"U.S. Government Invests $5 Billion in Next-Generation COVID Vaccines"
The US government has launched a $5B program called "Project Next Gen" to speed up the development of new COVID-19 vaccines and treatments. The program will encourage public-private collaborations and focus on developing vaccines that produce mucosal immunity, target new COVID variants and other coronaviruses, and long-lasting monoclonal antibodies. The timeline for the market launch of new products will depend on multiple factors, including developers' production plans and FDA reviews.