First, knowing more than my share of people with Diabetes, hooray for this work and the possibilities it entails. Let's hope such research continues!
Secondly, 700 million euros for approval? I've heard about the high cost of government approval, but that seems beyond astronomical. I mean, that's like the bonuses for at least two Goldman Sachs employees!
A vaccine won't help people who already have diabetes, their pancreas is nothing more than deadweight as far as insulin is concerned because the disease destroys insulin producing cells.
This research is more about prevention.
You would need to vaccinate a bunch of infants, and then wait years to see if 1% don't develop type 1 diabetes, I expect. So you'd need to stick at least 1000, if not more, to have useful data.
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