As the pandemic brought the world to a halt in 2020, 3M announced in April an initiative to provide $5 million in grants for COVID-19 research and development at leading education institutions in the United States and around the world.
Through a competitive vetting process of multiple universities that are working to develop treatments for COVID-19, ten institutions have been chosen, with funds disbursed to nine so far. “We provided grants to selected universities, in all the regions of the world, based on their reputation and commitment to fight this pandemic,” said Dr. Oyebode Taiwo, corporate medical director at 3M. “These grants will be used in the areas of screening, testing, diagnostics, treatment and prevention of COVID-19.” The projects funded span four continents and include work in Korea to develop an anti-viral treatment, a study in Dublin of existing drugs for their effect on the virus and for research in Israel that seeks a vaccine to prevent the virus from latching on to receptors in the lungs.
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