BREAKING NEWS

UK pledges 100 million pounds to scale up COVID-19 vaccine production

Britain said on Thursday it will provide 100 million pounds ($127 million) of funding for a facility to scale up the manufacturing of vaccines for COVID-19.

"This new Cell and Gene Therapy Catapult Manufacturing Innovation Centre, alongside crucial investment in skills, will support our efforts to rapidly produce millions of doses of a coronavirus vaccine while ensuring the UK can respond quickly to potential future pandemics," Business Secretary Alok Sharma said in a statement.

($1 = 0.7860 pounds)