MigVax raises $12M for its COVID-19 vaccine efforts

MigVax raises $12M for its COVID-19 vaccine efforts

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/04/21/migvax-raises-12m-for-its-covid-19-vaccine-efforts/

Worldwide, there are numerous efforts underway to create a vaccine for COVID-19. Without one, we are likely to see some form of social distancing in place for the foreseeable future. And experts like Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, think it’ll take at least a year before we’ll have a vaccine that can be approved for public use. MigVax, an Israeli startup that’s affiliated with the Migal Galilee Research Institute, thinks it can speed up this process by quite a bit, in part, because it had already worked on building a framework for the Infectious Bronchitis Virus, a coronavirus that infects chickens, and that has proven to be safe in animals.

I think everybody is currently skeptical when it comes to COVID-19 vaccines, and in Israel alone there are multiple efforts underway, but crowdfunding platform OurCrowd is putting $12 million into MigVax to help the team accelerate its efforts to develop an oral vaccine.