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Moderna to make millions of vaccines in Australia from 2024

Economy
24 March 2022 17:37 (AEDT)

Moderna COVID-19 vaccine. Source: Reuters.

Up to 100 million mRNA doses will be made in Australia every year from 2024, under a new agreement with the Federal Government and global pharma company Moderna.

The agreement is a 10-year partnership between the Federal and Victorian Government with Moderna, ensuring Australia can meet its ongoing COVID-19 vaccine needs.

This deal will make Australia a critical regional hub for mRNA technology development and production.

Prime Minister Scott Morrison said the agreement was an important milestone in securing Australia’s future pandemic preparedness.

“This landmark agreement means that Australia can make up to 100 million world-leading mRNA doses every year, which can protect against evolving strains of COVID-19 or new respiratory diseases that emerge into the future,” Mr Morrison said.

“This will be the first mRNA production facility in the Southern Hemisphere, and will ensure Australians have quick and easy access to these lifesaving vaccines.”

Minister for Health and Aged Care Greg Hunt said the partnership is “crucial insurance for the health of the Australian population”.

“It means Australians will have access to the most cutting-edge vaccination technology available both now and into the future,” Mr Hunt said.

Vaccine production will start in 2024, subject to regulatory and planning approvals.

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