US Secretary of State Antony Blinken (2nd L) takes part in a health security partnerships roundtable at the Biomedical Precinct in Melbourne where the new global therapeutic centre will be based on Feb. 10, 2022. (Kevin Lamarque/Getty Images) The Australian Government has announced the establishment of a new therapeutic research centre in Melbourne to develop a drug breakthrough akin to mRNA vaccine technology for future pandemics.
Philanthropist Geoffrey Cumming fast-tracked the development with a donation of $250 million ($US171 million), the largest ever medical research gift in Australian history.
It will be named Cumming Global Centre for Pandemic Therapeutics in honour of the Canadian and New Zealand businessman.
“We aim to create solutions to minimise the impact of future pandemics and create greater global resiliency in the decades ahead,” Cumming said in a statement.
Since 2014, the government has also contributed significantly, committing $1.3 billion in medical research funding, including $75 million to the Cumming Global Centre.
It also recently bought Moderna’s first mRNA vaccine manufacturing facility outside North America to Melbourne.The University of Melbourne, the benefactor, said the new centre would focus on rapidly developing, testing, and commercialising new treatments within months of a pandemic outbreak and plans to recruit international experts.“The University […]
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