Company asks for €5 million signal from the State to develop Portuguese vaccine: “If the Government does not signal, the private does not get ahead”


Immunthep Company has been waiting for funding from the Government for nearly six months, which initially asked for 20 million euros to develop a vaccine against covid-19 and is now asking for at least 25% of that amount to then try private support. “These talks have been dragging on for months,” he says in an interview with Expresso Pedro Madureira, co-founder and scientific director of the company, who explains that it is more difficult to have private financing when the State does not signal its interest. According to this Portuguese company, its vaccine, which is now at risk, manages to have a “lasting immunity” to “last decades” by taking two doses.

Source: Expresso by expresso.pt.

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