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Gov’t to invest $25 million into the establishment of National Vaccine Institute -Prez

President Akufo-Addo has in his 26th national address on Covid-19 and its management noted that the committee he established to probe Ghana’s potential as a vaccine manufacturing hub has presented its preliminary report.

According to the President, the committee has recommended the establishment of a National Vaccine Institute to spearhead this development of a vaccine.

To help do this, the government has committed to inject seed funding of some twenty-five million United States dollars (US$25 million) this year into this whole enterprise.

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The move is to help the country manufacture its vaccines due to the shortage across the globe.

He said: “The global shortage of vaccines means that we must develop our capacity to produce our own vaccines domestically, and reduce our dependence on foreign supplies. We must be self-sufficient in this regard in the future, and prepare ourselves better to deal with any such occurrences in the future. To this end, the Committee I established, under the leadership of the world-renowned Ghanaian scientist, Professor Kwabena Frimpong Boateng, to investigate Ghana’s potential as a vaccine manufacturing hub, to meet national and regional needs, has presented its preliminary report which, amongst others, recommends the establishment of a National Vaccine Institute to spearhead this development.

The President said the Institute will be charged with delivering six clear mandates:

  1. establishing local vaccine manufacturing plants;
  2. deepening Research & Development (R&D) for vaccines in Ghana;
  3. upgrading and strengthening the FDA;
  4. forging bilateral and multilateral partnerships for vaccine manufacturing in various areas, such as funding, clinical trials, technology transfer, licensing, and assignment of intellectual property rights;
  5. building the human resource base for vaccine discovery, development, and manufacture; and
  6. establishing a permanent national secretariat to coordinate vaccine development and manufacture.

By: Rainbowradioonline.com

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