Global food company Nestlé has announced its support towards Coalition for Epidemic Preparedness Innovations’ (CEPI) efforts to find a vaccine against COVID-19, through a donation of $1.03 million. CEPI is playing an important role in funding and speeding up the development of COVID-19 vaccine candidates on a global basis, which is crucial to end the pandemic and to save lives and livelihoods.
CEPI is an innovative global partnership between public, private, philanthropic and civil society organisations launched in Davos in 2017 to develop vaccines to stop future epidemics.
Currently, CEPI is working quickly and collaboratively with the ambition to develop a safe, effective and globally accessible COVID-19 vaccine within 12-18 months’ timeframe. They have already raised over $1 billion from governments, private donors and individuals around the world, but need further funding to reach their goal of $2 billion to allow their COVID-19 programmes to continue at pace.
“The COVID-19 pandemic has created a lot of pain and hardship in communities around the world. A safe and effective vaccine will be needed to return to normality. That is why it was important to us to get on board when CEPI issued their call. We hope others will join us and support this important mission,” said Mark Schneider, CEO, Nestlé.
“It will take a monumental effort to tackle this virus, but through global cooperation and financial contributions towards the COVID-19 response, businesses can play their part in helping to change the course of this devastating pandemic,” added Dr Richard Hatchett, CEO, CEPI. “We are grateful for Nestlé’s leadership in supporting our efforts to rapidly develop a safe, effective and globally accessible vaccine against COVID-19. At this pivotal moment in time, we call on other businesses to follow Nestlé’s initiative and provide the vital support necessary to get our lives, society and economies back on track.”
Indian TATA Group’s jewellery brand Tanishq announced the opening of its firstNovember 2, 2020 | By RetailME Bureau
MRF 2020 which will take place at the Conrad Dubai Hotel on November 25, 2020, willOctober 14, 2020 | By RetailME Bureau
UAE-based concept grocery retail chain, Grandiose has opened a new supermarket within
US-based fast food chain, Nathan’s famous Inc. brings another New York classic,
Dubai-based Union Coop, the leading Consumer Cooperative in the UAE, opened its
UAE homegrown marketplace, Noon.com has announced its Yellow Friday sale from November
UAE-based Al Maya Group officially launched an exclusive range of Woolworths products
Abu Dhabi headquartered LuLu Group has opened its latest hypermarket at Khalifa
elGrocer, the grocery delivery app with ties to some of the major
Jones the Grocer set to open its doors at Dubai’s newly launched
Saudi-based operators of hypermarkets and supermarkets BinDawood Holding Company has completed the
The regional food and grocery delivery app Talabat has announced the expansion
Walmart is hiring 10,000 new employees in Canada for positions in stores
To mark the UAE’s 49th National Day, Expo 2020 Dubai has released a video
Mall of the Emirates, City Centre Mirdif and City Centre Deira are
Sharjah-based Arada has revealed a revamped Madar at Aljada, the new family
Global food and beverage company PepsiCo, has officially unveiled limited-edition Pepsi can
Retail Abu Dhabi, the retail platform of the Department of Culture and
UAE-based Union Coop, the largest consumer cooperative, opened its 3rd Mall, the
The UAE cabinet announced this week that the 100% foreign ownership law,
UAE-based Al Futtaim ACE, a home improvement and outdoor brand, announces the opening
‘Data is the new oil/soil’ has been the narrative across all industries
The Middle East Retail Forum 2020 kicked off with its first fireside
India-based Titan Watches is expanding its footprint in the UAE with 10 exclusive
The 13th annual Global Shopper Study, conducted by Zebra Technologies Corporation, has