Spain disburses US$33 million for research and development on COVID-19
On March 17, 2020, the Spanish government approved a COVID-19 response plan amounting to €200 billion (US$222 billion). €30 million (US$33 million) from this plan will be channeled through the Spanish Ministry of Science and Innovation for fostering biomedical research projects focused on COVID-19. This new funding line includes:
- US$28 million provided to Carlos III Health Institute for administering rapid grants to Spanish researchers working on COVID-19.
- US$5 million provided to the Spanish Council for Scientific Research (CSIC) for advancing its current research (basic science, genomic) on SARS-CoV2.
On March 16, 2020, the Spanish prime minister's office 'La Moncloa' published a press release outlining the most relevant scientific efforts, initiated in Spain, for research and development of new tools aimed at diagnosing, treating and preventing COVID-19.