No homegrown coronavirus vaccine, but CSL inoculated against failure
Posted
FriFriday 11
updated
FriFriday 11
CSL was founded in 1916 as Commonwealth Serum Laboratories.
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Australia won t save the world, this time, after trials of our promising COVID vaccine were abandoned.
Key points:
This year it briefly had the largest market capitalisation on the ASX
Blood products and vaccines powered a $2 billion profit this year
It s a rare setback for biotech behemoth CSL.
CSL is one of our largest companies a global biotech giant worth more than some of our biggest banks but one that many Australians would have never heard of.
Biotechnology giant CSL is now firmly focused on producing the University of Oxford's coronavirus vaccine in Australia after shelving its University of Queensland project.
Biotechnology giant CSL is now firmly focused on producing the University of Oxford's coronavirus vaccine in Australia after shelving its University of Queensland project.
Biotechnology giant CSL is now firmly focused on producing the University of Oxford's coronavirus vaccine in Australia after shelving its University of Queensland project.