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Tuesday, 12 May 2026
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State invests in pharma production

Posted 12 May 2026 PM

The Queensland Government is injecting more than $17 million into projects led by AdvanCell and Southern RNA to build new capabilities in radiopharmaceutical production and sterile drug manufacturing.

It marks the first two successful projects to receive funding under the state’s $180.6 million Sovereign Industry Development Fund aimed at strengthening local biomedical manufacturing and reducing reliance on overseas supply chains.

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