CureVac, a German biotech company that also has a branch in Boston, is working on a vaccine to COVID-19 and hopes to have it ready "perhaps before autumn."

Ursula von der Leyen, the President of the European Commission, mentioned the company during an update on the coronavirus pandemic and provided the "autumn" projection for a vaccine. She also said that the European Union is making available up to €80 million to help CureVac in their work in finding a vaccine. 

Although there is hope that said vaccine could be created by around fall, Sarah Wheaton of Politico questioned von der Leyen during a press conference on how realistic the projection was since experts have put the timeline on finding a vaccine and getting it to the public closer to 12-18 months. You can find the question being asked at around the 12 minute mark in the above video.

Speaking to Politico, CureVac spokesman Thorsten Schüller declined to comment on the projection mentioned by von der Leyen for the vaccine but did say that the process usually takes "years."

It was also recently reported that Trump, during a March 2 White House meeting with CureVac CEO Daniel Menichella, offered a "large sum" to the company and requested that they move operations from Germany to the United States. German newspaper Die Welt am Sonntag reported that Trump offered the company around $1 billion for access to a vaccine, according to the New York Times. CureVac has denied the reports.

A few days after the White House meeting, it was announced that Menichella was stepping down from his role and leaving the company. "We are very confident that we will be able to develop a potent vaccine candidate within a few months," Menichella said in a statement earlier this month before his departure. 

In other news, on Monday, vaccine trials for the coronavirus were administered at Seattle's Kaiser Permanente Washington Health Research Institute to a group of volunteers.

As of Tuesday, there have been nearly 200,000 cases of COVID-19 worldwide and over 7,900 deaths.

Also Watch