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Sandeep Biswas
Newcrest Mining Limited has joined the effort to boost Australian manufacturing and tackle COVID-19, by contributing A$200,000 to the production of a new low-cost Australian-made ventilator.
The OzVader ventilator prototype, which has been developed by Australian company Olitek, is in the final stages of performance and validation testing. Olitek is seeking Australia’s Therapeutic Goods Administration exemption to manufacture and supply the ventilator.
Newcrest Mining Limited has announced a A$1 million contribution to support cutting edge COVID-19 vaccine research in partnership with the University of Queensland (‘UQ’).
The funding has been made by Newcrest as part of its recently launched A$20 million Community Support Fund and will be specifically deployed to support UQ’s ground-breaking ‘molecular clamp’ technique to develop a vaccine for COVID-19.
Newcrest Mining Limited has established a global A$20 million Community Support Fund to provide financial assistance to its host communities to help them face the challenges associated with the COVID-19 pandemic.
In Australia, a portion of the fund will be directed to the Orange, Blayney and Cabonne regions in New South Wales and the Telfer region in Western Australia.
