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Mr Laxmi Mittal Supports COVID19 Vaccine Research at University of Oxford

Steel News - Published on Wed, 15 Jul 2020

Image Source: Lakshmi Mittal Oxford Jenner Institute Coronavirus COVID19
The University of Oxford has received a donation of GBP 3.5 million last week to aid the development of a COVID-19 vaccine. Billionaire steel tycoon Mr Lakshmi Mittal made endowment for the post of professor of vaccinology in the Oxford Jenner Institute. The post will be known as the Lakshmi Mittal and Family Professorship of Vaccinology, in recognition of this support. Mr Mittal said “This year has been a wake-up call to the world to be better prepared for pandemics, which, as we have all experienced, can cause massive social and economic disruption. After a fascinating conversation with Professor Hill, my family and I concluded that the work he and his team are doing is not only extraordinary but essential, not just for this current crisis but for other challenges we may face in the future. The importance of dedicated and ongoing research in this field cannot be overestimated and we are delighted to be supporting this vaccinology professorship at Oxford.”

The University of Oxford Development Office said “Boosted by a further GBP 1.75 million in matched funding from the University, the Mittal family’s gift has enabled the permanent endowment of the post. Not only will this allow Professor Hill to continue with his vital research, but will also help to ensure that Oxford remains at the forefront of vaccine development for generations to come.”

The University of Oxford is leading the race for the development of a coronavirus vaccine, with large scale human trials taking place the UK, Brazil, and South Africa. Professor Adrian Hill is heading up this effort, and has previously stated he hoped that a vaccine would be viable for October.

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Posted By : Yogender Pancholi on Wed, 15 Jul 2020
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