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NEWS

Australia’s deal for Coronavirus vaccine


By Tess Carney

In august 2020 the Australian


government has struck a deal with the UK based drug
company AstraZeneca to make the COVID19 vaccine available to all Australians as soon as it is
completed. This has been done using a letter of intent, this letter coves vaccine development,
production and distribution.

Minister for Health, Greg Hunt, said “From early on Australian officials led by my department has
been meeting with developers and manufacturers of a number of promising vaccine candidates, both
domestic and international, over recent months.
“We are confident these actions and targeted investments will put us in the best possible position to
secure early access to safe and effective vaccines for Australia.”

Australia is significantly contributing


to vaccine development work both in
Australia and around the world,
investing $333 million in vaccines,
therapeutics and COVID19 medicines
- including $256 million in vaccines.

This includes $5 million for the University of Queensland’s innovative “molecular clamp” COVID-19
vaccine. The Australian vaccine has commenced trials here in Australia.

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