US and China unleash wallets in race for coronavirus vaccine

Capitals prioritize national drives over international cooperation

20200501N Vaccine

Countries around the world are investing big in crash programs to develop a vaccine for the coronavirus. © Reuters

NORIYUKI TAKADA and MINORU SATAKE, Nikkei staff writers

TOKYO/LONDON -- Countries around the world are shoveling huge sums at drug companies to aid development, clinical trials and mass production of COVID-19 vaccines, overshadowing coordinated global efforts.

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