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Australia enters deal with AstraZenec for Covid-19 vaccine

CANBERRA:

Australia

has announced a deal to manufacture a potential coronavirus

vaccine

being developed by British-Swedish pharmaceutical company

AstraZenec

.

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“Under the deal, every single Australian will be able to receive the

University of Oxford

Covid-19 vaccine for free, should trials prove successful, safe and effective,” Prime Minister

Scott Morrison

said in a statement Wednesday.

Morrison said the Oxford University trial was in a phase-three stage and more work was needed to prove its viability.

“If this vaccine proves successful, we will manufacture and supply vaccines straight away under our own steam and make it free for 25 million Australians,” Morisson said.

Morrison said there was no guarantee that the vaccine would be successful, “which is why we are continuing our discussions with many parties around the world while backing our own researchers at the same time to find a vaccine.”

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