- The Biden administration is launching an initiative in excess of $5 billion to speed up the development of new vaccines and treatments for COVID-19 and other coronaviruses that could pose a future threat.
- The news comes the same day that President Joe Biden signed a measure to end the COVID-19 national emergency.
- “Building on the work the Administration has accomplished over the last few years and to stay ahead of the rapidly evolving virus that causes COVID-19, Project NextGen will accelerate and streamline the rapid development of next generation of vaccines and treatments through public-private collaborations,” a senior administration official told The Epoch Times in an emailed statement.
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Biden Admin Spending $5B On Coronavirus Vaccines To Replace The Ones That Didn’t Work
US President Joe Biden receives the latest Covid-19 booster shot in the South Court Auditorium of the Eisenhower Executive Office Building, next to the White House, in Washington, DC, on October 25, 2022. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)