The federal government has signed a letter of intent to secure a nationwide supply of a COVID-19 vaccine currently under Oxford University trials.
Every Australian will be able to receive a British-designed coronavirus vaccine for free - should trials prove safe and effective - under a deal struck by the Morrison government.
"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."Mr Morrison admitted there was no guarantee the vaccine would be successful, so the government was continuing talks with other parties as well as backing Australian researchers.
The Oxford University trials are underway in the UK, Brazil and South Africa and are due to soon start in the US, running into early 2021. Australia is also in talks with the Gavi-led COVAX Facility, which aims to pool global resources to accelerate the development and distribution of vaccines.
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