Deal signed to make mRNA vaccines in Australia

Vaccine manufacturer Moderna has signed an in-principle agreement with the Commonwealth and the Victorian Government to produce mRNA vaccines domestically.

PM Scott Morrison (R) and Victorian Deputy Premier James Merlino (C) tour The Peter Doherty Institute for Infection and Immunity in Melbourne Source: Getty Images

Highlights

• Moderna says its COVID vaccine could be made domestically by 2024.
• The focus wouldn't be solely on COVID
• It has the potential to generate vaccines for future pandemics, the common flu and some cancer treatments.

Up to 100 million vaccines could be manufactured each year by 2024 at a new facility in Victoria

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