Who is set to make money from the Oxford coronavirus vaccine?

Layers of private investors in line to profit from university’s Covid drug

Oxford University
Layers of private investors in line to profit from university’s Covid drug
(Image credit: Christopher Furlong/Getty Images)

Huawei is among a wide range of private investors set to get a financial shot in the arm should the Oxford coronavirus vaccine succeed, it has emerged.

The Chinese tech giant was recently banned from Britain’s 5G network over security concerns, but an investigation by The Wall Street Journal (WSJ) found that Huawei is also linked to the vaccine project, alongside Google’s investment arm and two of the professors leading the research.

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Joe Evans is the world news editor at TheWeek.co.uk. He joined the team in 2019 and held roles including deputy news editor and acting news editor before moving into his current position in early 2021. He is a regular panellist on The Week Unwrapped podcast, discussing politics and foreign affairs. 

Before joining The Week, he worked as a freelance journalist covering the UK and Ireland for German newspapers and magazines. A series of features on Brexit and the Irish border got him nominated for the Hostwriter Prize in 2019. Prior to settling down in London, he lived and worked in Cambodia, where he ran communications for a non-governmental organisation and worked as a journalist covering Southeast Asia. He has a master’s degree in journalism from City, University of London, and before that studied English Literature at the University of Manchester.