Lithuania agrees to provide EUR 2.5 mln for creation of coronavirus vaccine

  • 2020-09-16
  • BNS/TBT Staff
VILNIUS – The Lithuanian government has agreed to contribute 2.5 million euros to the EU's Emergency Support Instrument (ESI) to accelerate the creation of a COVID-19 vaccine.  ESI funds are used to support potential vaccine producers, and finance part of vaccine development and production capacity costs.  "This budget is used to finance vaccine developers. This is not paying for the vaccine itself. The European Commission is thus funding potential vaccine developers and giving them funds so as many vaccines as possible are deve...
 
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