Osaka University: Vaccine from COVID-19

2020: 200 million yens from Panasonic on development of vaccines against COVID-19

On May 20, 2020 it became known that the Japanese technology corporation Panasonic will support researches and development of drugs and vaccines against COVID-19 which for May, 2020 is conducted by the University of Osaka, prefecture of Osaka and some other the organizations. Selected 200 million yens for support of the project of Panasonic.

Means of Panasonic will help to advance development of different types of DNA-vaccines and synthetic vaccines of special type and also will support efforts of the Organization of hospitals of the Prefecture Osaka on a repozitsionirovaniye of the existing medicines, such as Actemra and Ivermectin, for therapy of COVID-19.

Together with distribution of COVID-19 understanding around the world grows that fight against a pandemic can demand slightly more time, than it was initially supposed. On this background the strategy of self-isolation in Japan was successful, and now the country begins to lift limits for freedom of movements gradually. Japan should stimulate an economic recovery in this absolutely new phase of the life, at the same time controlling the level of spread of an infection. Achievement of these purposes depends on successful development of drugs and vaccines therefore their rapid implementation is crucial.

Panasonic cooperates with the University of Osaka, especially in the field of developments and researches long ago and fruitfully. Therefore the corporation made the decision to give a financial support to the integrated research project which announced the large state and private organizations of Osaka in April, 2020.

Unprecedented circumstances which the world because of COVID-19 faced forced us to activate efforts on research and development of vaccines and drugs, they will become defining for overcoming crisis around the world. These initiatives are conformable to our motto: "Live locally, develop globally", and we will continue work on improvement of health and quality of life of people around the world, told Syodziro Nisio, the president of the University of Osaka.

We hope that this donation will help to return feeling of security and security to inhabitants of the whole world. Being a part of society, we will continue the work and support of the initiatives promoting preserving of health and wellbeing of people noted Kazukhiro of Zug, the president of Panasonic Corporation