Noosa News
Queensland government invests in COVID-19 businesses Ellume and Luina Bio
An Australian company will ship 20 million rapid COVID-19 tests overseas in the first half of 2021 after it received everyone’s favourite Christmas present, cash.
The Queensland government has thrown its weight behind the biotech sector in a bid to grow local jobs in the burgeoning industry.
It will invest in Brisbane-based businesses Ellume and Luina Bio as part of its $50 million Essential Goods and Supply Chain program.
Ellume is already manufacturing 30,000 of its 15-minute COVID-19 tests per day.
The additional investment will enable the…
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