Australia’s audit office will probe the Morrison government’s $2 billion deal with US pharmaceutical giant Moderna to set up vaccine manufacturing in Australia.
Australia’s audit office will probe the Morrison government’s $2 billion deal with US pharmaceutical giant Moderna to set up vaccine manufacturing in Australia as the firm races to meet its promised timeline while a spurned local rival begins shipping COVID jabs overseas.
This masthead can reveal only two credible bids emerged from the tender process: CSL and Moderna, a pandemic darling whose stock price is now about a 10th of its 2021 peak. In defending his government’s actions on a quantum computing deal, Industry and Science Minister Ed Husic has questioned the Moderna deal.“CSL believed the inclusion of additional technologies within an existing facility would be more cost-effective than a greenfield site, whilst leveraging the expertise of a global company with a proud Australian heritage,” the spokesman said in a statement.
“They consulted and negotiated with Moderna while doing a call for an expression of interest in building mRNA manufacturing. They criticised us, saying we backed PsiQuantum instead of local firms, and yet they chose Moderna over CSL, an Australian firm. They did that.” CSL has made major strides in the technology in the years since the pandemic. It has developed so-called self-amplifying mRNA: vaccines that contain genetic code that essentially allows the body to make more vaccine, allowing for smaller doses.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sose Fuamoli - ABCSosefina Fuamoli is an award winning Samoan-Australian music journalist, broadcaster and content producer. Her work has been featured in a number of Australian titles, including Rolling Stone Australia, NME Australia, Junkee, Time Out, The Big Issue and The Australian. Sosefina has also had essays published by the Australian Music Vault.
Read more »
Labor floats plan targeting Morrison-era policy that hiked university course feesA new commission would reassess student contributions for almost 3 million Australians, as HECS-HELP debt levels continue to rise.
Read more »
PM fends off comparison between clifftop mansion purchase and Morrison’s Hawaii tripPrime Minister Anthony Albanese has been grilled about a comparison between his recent purchase of a multi-million-dollar home with ocean views and Scott Morrison’s ill-fated trip to Hawaii during the 2019 Black Summer bushfires.
Read more »
Damaged Liberals can’t blame Scott Morrison for latest teal trouncingNSW has its first teal MP – and that should give the federal Coalition plenty to worry about in the lead-up to next year’s election.
Read more »
Damaged Liberals can’t blame Scott Morrison for latest teal trouncingNSW has its first teal MP – and that should give the federal Coalition plenty to worry about in the lead-up to next year’s election.
Read more »
Kevin Rudd attempted to draft Scott Morrison to help with Donald TrumpAustralia’s Ambassador to the United States Kevin Rudd has attempted to draft Scott Morrison to help forge relationships with the Trump administration amid pressure over previous negative comments about the President-elect.
Read more »