Nonprofit Biopharma Funding Hit $45 Billion In 2020

Research into therapies and vaccines related to the COVID-19 pandemic made up the overwhelming bulk of grants and collaborations with biopharma nonprofits, according to biotechnology news site BioWorld.com. According to BioWorld’s analysis, during 2020 roughly 91% of funds for biopharma collaborations that included nonprofits, and 75% of grant money awarded, was earmarked for vaccine research or therapies to mitigate the effect of the coronavirus...
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