India News - Nov 16-30; Vol 1 Issue 10

Page 9

INDIA NEWS

Nov 16-30, 2020 - Vol 1, Issue 10

$1 billion manufacturing agreement secures Australia’s national health security A

new high-tech vaccine manufacturing facility will be developed in Melbourne to secure Australia’s long-term supply of critical health products including pandemic influenza vaccines and life-saving antivenoms.

future pandemics.”

marine creatures and spiders).

The $1 billion agreement between the Morrison Government and Seqirus also provides the ability to rapidly manufacture vaccines when responding to health pandemics in the future.

Health Minister Greg Hunt said under the agreement, Seqirus would invest $800 million in the development of the facility project, creating 520 construction jobs, commencing in 2021. “This new facility will guarantee Australian health security against pandemic influenza for the next two decades.”

The current agreement between the Australian Government and Seqirus—a subsidiary of CSL Ltd—is due to end in 2024-25. To continue onshore manufacturing in Australia, Seqirus will now invest in a major new vaccine manufacturing facility close to Melbourne airport to replace its existing, ageing production facilities in Parkville, Melbourne.

Prime Minister Scott Morrison said the new complex would be the largest influenza vaccine manufacturing facility in the Southern Hemisphere. “Keeping Australians safe is my number one priority and while we are rightly focused on both the health and economic challenges of COVID-19, we must also guard against future threats,” the Prime Minister said. “This agreement cements Australia’s long-term sovereign medical capabilities, giving us the ability to develop vaccines when we need them.” “Just as major defence equipment must be ordered well in advance, this is an investment in our national health security against

“Our government’s strategy to protect the health and wellbeing of Australians and the Australian economy, as well as having access to a world class health system.” “This is a major milestone, ensuring that Australia can mass produce vaccines against future flu pandemics, as well as continuing onshore production of seasonal flu vaccines, Q fever vaccines and antivenoms. Without this historic agreement, the nation would need to source these critical medical products from overseas. Seqirus is currently the only company making influenza and Q fever vaccine in Australia, and the only company in the world making life saving antivenom products against 11 poisonous Australian creatures (snakes,

The highly specialised production facility is expected to be operational by 2026 with the contract for supply of these critical products extending to 2036. Minister for Industry, Science and Technology Karen Andrews said Australia’s manufacturing capability had been a huge asset during the COVID-19 pandemic and this agreement will keep us in a strong position. “The Morrison Government knows just how important it is for Australia to be able to stand up for itself when it really matters,” Minister Andrews said. “This investment will not only allow us to continue to manufacture the essentials we need well into the future but it

will also create and secure high paying manufacturing jobs across a range of skills. “This agreement is just one in a range of investments we’re making to drive Australian manufacturing forward and create jobs. We’re also investing a further $1.3 billion through our Modern Manufacturing Initiative into projects across six priority areas, including medical products.” The Morrison Government acted quickly and decisively to address the consequences of COVID-19 and as a result, Australia has achieved some of the best health

and economic outcomes in the world. More than $18.5 billion has committed to support the emergency COVID-19 health response to the pandemic, including $3.2 billion to secure access to over 134.8 million doses of potential COVID-19 vaccine candidates developed by the University of Oxford-Astra Zeneca and the University of Queensland, Pfizer-BioNTech and Novavax. The Victorian Government has also supported the procurement of suitable land for Seqirus.

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Articles inside

US and India: A tale of two democracies

3min
page 20

Make in India: Emerging Opportunities

6min
page 19

THE WORLD THIS WEEK

7min
page 18

Young Indians bag Morrison government taking steps to $200,000 scholarships woo international students

2min
page 15

IFFM 2020- a mind-blowing experience

1min
page 14

Dreams now a nightmare for many international students in Victoria

4min
page 14

Australia India Women in Business chapter launched in Victoria

1min
page 14

Lord Mayor’s Multicultural Business Dinner and Awards held in Brisbane

3min
page 25

IABCA reveals names of 2020 finalists

1min
page 24

$1 billion manufacturing agreement secures Australia’s national health security

3min
page 9

Reminiscing and celebrating the festival of lights away from home

4min
page 8

Ram Janmabhoomi Deepotsav adds sparkle to Diwali

1min
page 8

Adani launches a new brand for its mining business to celebrate 10 years in Australia

2min
page 11

Springfield aims to become world’s greenest city by 2038 under new strategy

3min
page 10

Indian News hosts ‘Home & Away Diwali’ for international students

1min
page 5

Diwali celebrated at Guru Manyo Granth Gurdwara in Gold Coast

3min
page 4

Would you dare to wear Oud?

5min
page 21

Taiwan’s immense popularity in India: building the momentum

4min
page 21

France at crossroads: need for acting decisively but sensibly

4min
page 20

News from India

41min
pages 12-17

Indians in Australia

11min
pages 25-26

World This Week

14min
pages 18-19

Diwali Special

24min
pages 5-11

Sports

17min
pages 29-32

Health

15min
pages 27-28

Special Feature

17min
pages 21-24

Editorial

7min
page 20
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