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COVID-19 vaccine research
Newcrest Mining Limited has joined the effort to boost Australian manufacturing and tackle COVID-19, by contributing A$200,000 to the production of a new low-cost Australian-made ventilator.
The OzVader ventilator prototype, which has been developed by Australian company Olitek, is in the final stages of performance and validation testing. Olitek is seeking Australia’s Therapeutic Goods Administration exemption to manufacture and supply the ventilator.
Newcrest Mining Limited has announced a A$1 million contribution to support cutting edge COVID-19 vaccine research in partnership with the University of Queensland (‘UQ’).
The funding has been made by Newcrest as part of its recently launched A$20 million Community Support Fund and will be specifically deployed to support UQ’s ground-breaking ‘molecular clamp’ technique to develop a vaccine for COVID-19.
