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Fed Gov’t investment to expand onshore IV fluid manufacturing - Manufacturers' Monthly

Summary by Manufacturers' Monthly

Image: Chanintorn.v/stock.adobe.com A $20 million Federal Government investment is set to expand Australia’s largest and only onshore manufacturer of IV fluid, Baxter Healthcare. The investment will go toward Baxter’s production facility in Western Sydney to help secure supply and shore up Australia’s sovereign capability of the critical hospital medicine. “Baxter Healthcare’s facility has been an important part of manufacturing in Western Syd…

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nursingreview.com.au

Govt invests in Aus production of IV fluid to address ongoing shortages

In a bid to circumvent ongoing global supply chain issues of vital intravenous fluids, the Albanese government has announced they will invest $20 million to ramp up local manufacturing. Baxter Healthcare production facility in Western Sydney, Australia's only onshore manufacture of IV fluids, will match the $20m investment, ensuring the nation's sovereign capability in delivering critical hospital medicines. Health Minister Mark Butler said the …

29 days ago

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