Vic govt helps local firm make ventilators - (This is Money via NewsPoints Desk)

  • The government of Victoria has signed a deal to have ventilators produced locally within the Australian state by June, as reported in This is Money.

  • Innovation and Trade Minister Martin Pakula indicated that the government has awarded local firm Grey Innovation a $500,000 grant to help it secure a licensing deal to produce the devices.

  • According to the news source, Victoria only has 1000 ventilators available, but the government intends to place an order for 2000 ventilators with the manufacturer, the first of which will be potentially ready for hospitals in June.

  • The government is also helping Gekko Systems in their plans to produce ventilators as part of a $1.3-billion procurement drive for medical equipment and supplies.

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