EU Boosts Evaxion’s Artificial Intelligence Vaccine Research

LUXEMBOURG and COPENHAGEN, Denmark, Dec. 09, 2020 (GLOBE NEWSWIRE) -- The European Investment Bank (EIB) has signed a €20 million loan agreement with Evaxion, supported by the Infectious Diseases Finance Facility window under the EU’s InnovFin – EU finance for innovators program, backed by the EU’s research and innovation program Horizon 2020, which guarantees EIB loans for highly innovative projects. The financing will support Evaxion’s research and development (R&D) investments in the use of artificial intelligence (AI) to determine the most suitable targets for immunotherapies for cancer and infectious diseases.

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