Exclusive: big pharma rejected EU plan to fast-track vaccines in 2017

Posted by on May 25, 2020 12:00 am
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Categories: Global Stories

World’s top drug firms turned down proposals for work on pathogens like coronavirus

The world’s largest pharmaceutical companies rejected an EU proposal three years ago to work on fast-tracking vaccines for pathogens like coronavirus to allow them to be developed before an outbreak, the Guardian can reveal.

The plan to speed up the development and approval of vaccines was put forward by European commission representatives sitting on the Innovative Medicines Initiative (IMI) – a public-private partnership whose function is to back cutting-edge research in Europe – but it was rejected by industry partners on the body.

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