However, because Australia's population is much smaller than the US or Britain, getting adequate supply should be easier even without a pre-purchase agreement.
So far, Australia's Health Department has focused on supporting local and international vaccine research, while hoping that whatever vaccine is developed can be manufactured in Australia by CSL. The Australian government has invested in University of Queensland's COVID-19 vaccine – currently in animal trials – as well as funding the Coalition for Epidemic Preparedness Innovations, which in turn is funding several other vaccine ventures. The coalition has pledged to equitably distribute a vaccine if it can develop one.The government has also committed $352 million as part of a European Union-led initiative to develop COVID-19 vaccines and treatments.
A Health Department spokesman said: "At this stage it is unclear which vaccine platform will be found to be both effective and safe in humans." "It is critical that manufacturing capability be aligned with the successful vaccine technology or technologies."AstraZeneca holds the licence for a COVID-19 vaccine developed by the University of Oxford that is one of the first to go into human trials.The company has signed contracts to sell 100 million doses to Britain and another 300 million to the US government – the second deal worth a reported $US1.2 billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Live: Tourism Minister hits out at Queensland over border closuresSimon Birmingham accuses Queensland of 'pretending' Australia hasn't had success in tackling coronavirus, and says border closures are 'crippling' small businesses. Birmo! Why don’t you get back to your stellar negotiations with China. Or do they still refuse to answer your calls because they have no idea who you are? Did Spud pass the misogyny stick to you today? Isn’t is fascinating all and sundry are singling out Queensland on this border issue? No criticism of SA, WA, NT who have the same policy. Wouldn’t have anything to do with a State election in Queensland later this year, would it? 🤷♂️ Would you like to go to QLD for a warm winter holiday?
Source: abcnews - 🏆 5. / 83 Read more »
Human coronavirus vaccine trials start in AustraliaDuring the testing of the the NVX-CoV2373 vaccine, researchers will test participants&x27; blood to monitor the type and amount of antibodies in their bodies. They should have journalists be the test subjects then you can truthfully report the test results! Good luck sheep 🐑
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Coronavirus vaccine trials begin in MelbourneMore than 100 people in Melbourne and Brisbane have signed up to be involved in the first human trials of a vaccine for COVID-19. Ain't taking a injection from a guy that thinks thats a good look did you photoshop the glasses onto him? Cartoon superhero glasses man , no thanks
Source: abcnews - 🏆 5. / 83 Read more »
Australia's coronavirus response avoided about 14,000 deaths, Chief Medical Officer saysAustralia's chief medical officer, Brendan Murphy, has told a Senate inquiry that the nation's handling of the coronavirus pandemic had saved thousands of lives. Better than the pathetic Nazi shut down of NZ by the Marxist PM jacindaardern. Yet, he was still too slow to react. Looking at many other countries, he's probably right.
Source: smh - 🏆 6. / 80 Read more »
Beyond 3000: Wall Street breaks through key psychological level as optimism buildsThe S&P 500 broke through the key psychological level of 3000 points as optimism about developing coronavirus vaccines and an economic revival helped investors overlook simmering China-US tensions. If the US hits 50 million unemployed maybe stocks can reach all time highs?
Source: smh - 🏆 6. / 80 Read more »
ASX to drop, despite Wall Street jumping on COVID-19 vaccine hopes and NYSE reopeningAustralian shares are headed for a big fall despite a surge of optimism on Wall Street over coronavirus vaccines and the further reopening of the US economy.
Source: abcnews - 🏆 5. / 83 Read more »