Israel allocates 2.86 mln USD for coronavirus research

Israel will fund coronavirus-related research programs with a total of 10 million new shekels (about 2.86 million U.S. dollars), the state’s Ministry of Science and Technology said on Thursday.

This is the first time that an Israeli ministry is funding researches dealing with the COVID-19 pandemic and its implications on the Israeli society.

Of the total amount, about 80 percent will be allocated to medical researches regarding diagnostics, drug treatment, vaccination, prediction of spread and medical equipment.

The rest of the fund will be invested in studies dealing with public health and social implications of coronavirus, on issues of social resilience, economic impact and care for special populations.