New report estimates $220 million in economic activity, $4.8 billion in potential “pandemic preparedness benefit” generated through from Moderna factory

Manufacturing News

Oxford Economics modelling commissioned by Moderna has predicted that the US biotech company’s Melbourne mRNA facility will add $220 million annually to Australian GDP, support 990 ongoing jobs, and deliver “pandemic preparedness benefits” worth as much as $4.8 billion over 30 years “based on the likelihood of a future pandemic”. The Moderna Technology Centre in…

National RNA blueprint released

Manufacturing News

The federal government has released Australia’s RNA Blueprint, which it says will “guide advanced manufacturing growth and help create more high-paying jobs” within a sector estimated to add “up to $8 billion” to national GDP over the next decade. In a statement on Tuesday, industry minister Ed Husic said the blueprint (available here) focussed on…