Immunic CEO driven by "ethical need" to take on COVID-19

17 July 2020

While vaccine developers including Moderna Therapeutics (Nasdaq: MRNA) and AstraZeneca (LSE: AZN) have reported promising results from their COVID-19 programs, the world urgently needs better options for the large number of people being hospitalized with the disease.

This is particularly true as cases continue to grow apace in many countries around the world, now exceeding 12 million globally.

With the virus spreading in Russia and India, the USA has seen a resurgence in new infections following a premature relaxation of lockdown measures. A stark rise in deaths is expected to follow in the coming weeks.

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