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LG Chief Donates W1 Billion to Coronavirus Vaccine Research

2020/08/02 Source

Koo Kwang-mo

LG Group chief Koo Kwang-mo donated W1 billion of his own money to help the International Vaccine Institute develop a vaccine for coronavirus (US$1=W1,197).

The IVI's Korean office said Koo wants his donation to help "speed up vaccine development and help overcome difficulties as the COVID-19 threatens the health of the human race".

The IVI said the money will be used to fund research on vaccines and clinical trials worldwide.

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