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Australia inks COVID-19 vaccine deals with AstraZeneca and CSL (NYSE:AZN)

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Australia has struck supply and production agreements, worth $1.2B, to provide more than 84.8M vaccine doses for Australia’s population of 26M people.

Deals were made with Britain’s University of Oxford in collaboration with AstraZeneca (NYSE:AZN) and Australia’s University of Queensland working with CSL (OTCPK:CSLLY), which are developing two potential COVID-19 vaccines.

Prime Minister Scott Morrison said both vaccines would need to be proven safe and effective and meet all necessary regulatory requirements before being made available to the public. Any vaccine would be free to all Australians.

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