Date Time
Victoria to lead on new vaccine manufacturing
The Victorian Government will invest $50 million to establish mRNA vaccine and therapeutic manufacturing in Victoria.
The University of Melbourne welcomes today’s announcement by the Victorian Government they will invest $50 million to establish mRNA vaccine and therapeutic manufacturing in Victoria.
The funding announced by Acting Premier James Merlino and Minister for Health Martin Foley will be invested in new critical manufacturing technology and research that will provide certainty of supply of new vaccines and lifesaving treatments in Australia.
mRNA vaccines are a promising alternative to traditional vaccines because of their high efficacy, capacity for rapid development, low-cost manufacture, and safe administration.