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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.
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