CSL’s vow to supply Australia with a Covid-19 vaccine if it is made could run into trouble

Earlier in 2020, a low-key biomedical firm briefly toppled Australia’s biggest bank and miner to become the country’s most expensive company and a household brand, thanks to its part in the race to produce a Covid-19 vaccine.

Until recently, Brandi Haun gave blood twice a week at a CSL collection centre in downtown Dallas, using the payments to top up her income as an online retailer. Those risks could herald stricter US rules that limit paid plasma donations to 33 a year, the European limit, from 104 currently, the report said.

CSL adheres to donation limits, rejects donors who failed medical and laboratory tests and checks a donor database to stop excessive donations, she added. Started as a government laboratory a century ago to supply vaccines during World War 1, a series of acquisitions abroad since 2004 transformed CSL into the world's biggest maker of blood plasma products with operations from Germany to the US.

But a coronavirus vaccine may only contribute a short-term boost to CSL’s profit, which most analysts say would be too small to put a figure on. CSL said it was too soon to calculate the financial effects of a coronavirus vaccine.

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