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OIC announces A Prize of $200,000 for conducting anti-virus research

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ISLAMABAD: In order to encourage and promote the development of an anti-coronavirus vaccine, the Islamic Educational, Scientific and Cultural Organization () has announced a $200,000 prize for researchers, detailing the requirements for the same.

“Starting April 15, the prize will be open to all researchers and research institutions that can discover a successful treatment or preventive vaccine against the virus,” the ISESCO, which was founded by the Organization of Islamic Cooperation (OIC) 40 years ago, said in a statement on its website on Sunday.

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It added that the ISESCO’s director-general would preside over a nomination and arbitration committee which would include representatives from specialized international organizations and four scientists from renowned international universities and research centers.“The committee’s secretariat will be located at the organization’s headquarters in the Moroccan capital, Rabat,” the statement said.

Applicants are required to fill in a form –which is available on the website –and validate the patent of innovation.To facilitate researchers in the process, the ISESCO will allow participants to consult specialized international health bodies for advice.

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The statement added that an award ceremony would be held later this year to felicitate the winner.Earlier, on April 10, the OIC conducted a virtual emergency meeting – to discuss the coronavirus pandemic in Jeddah –during which Secretary-General Dr. Yousef bin Ahmed Al-Othaimeen said that the health care systems of the OIC’s member states needed urgent support to deal with a spike in the number of infected patients.

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