Wellcome Trust urges firms to donate £6bn for Covid-19 research
by Rupert Neate Wealth correspondent from on (#51THN)
It is 'the best investment your business can make', says medical research charity
The Wellcome Trust is calling on big businesses to donate $8bn (6.4bn) for research into developing diagnostic tests, therapies and vaccines to tackle the coronavirus pandemic.
Jeremy Farrar, the director of the London-based medical research charity, said a huge investment in scientific research was "the only exit strategy" to save millions of lives and drag the global economy out of an inevitable recession.
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