Gov’t Invest $25 Million For Establishment Of National Vaccine Institute

President Akufo-Addo has revealed that, the Government of Ghana is investing $25 million for the establishment of a National Vaccine Institute.

He announced this in his 26th address to the nation on measures being implemented to fight the Covid-19 pandemic, on Sunday, July 25 captured by wontumionline.com.

According to him, the decision was taken based on the preliminary report by Professor Kwabena Frimpong Boateng, over the investigation of Ghana’s potential to manufacture COVID-19 locally.

President Akufo-Addo indicated that,the Institute when established will have six 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.