May 4, 2020 / 1:40 PM / a month ago

Macron: France to pledge 500 million euros for global coronavirus vaccine hunt

French President Emmanuel Macron attends an international videoconference on vaccination at the Elysee Palace in Paris during the outbreak of the coronavirus disease (COVID-19) in France, May 4, 2020. REUTERS/Gonzalo Fuentes/Pool

PARIS (Reuters) - President Emmanuel Macron said on Monday France would contribute 500 million euros ($550 million) to a global fund-raising push to finance research into a vaccine and treatments against the novel coronavirus.

“France will commit an additional 500 million euros for the ACT-A initiative,” Macron said in a video call hosted by the European Commission during which world leaders are expected to raise at least 7.5 billion euros.

Reporting by Michel Rose; editing by Richard Lough

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