Mining Company Providing $725000 For COVID Vaccine

Post date: Jul 14, 2020 9:50:53 PM

Mining giant, Glencore, have announced they will provide close to THREE-QUARTERS of a Million towards a vaccine for COVID-19.

The University of Queensland’s ‘Molecular Clamp’ project uses technology that ensures the vaccine induces an immune response that recognises and then neutralises the virus.

It was announced on TUESDAY that a Phase 1 clinical trial involving 120 healthy adult volunteers has begun with the first dose of the vaccine being given at the Brisbane clinic of clinical trials specialist, Nucleus Network.

Glencore’s funding of $725,000 comes from the company’s Community Support Fund, set up earlier this year to assist communities affected by the COVID-19 pandemic.

(Photo credit: University Of Queensland)