HopgoodGanim has advised Royal Brisbane and Women’s Hospital Foundation on a pro bono basis in a matter to fund COVID-19 vaccine research.
Firms: HopgoodGanim (Royal Brisbane and Women’s Hospital Foundation)
Deal: HopgoodGanim has advised the Royal Brisbane and Women’s Hospital Foundation (RBWHF) on a pro bono basis in relation to the receipt of a sizeable donation to fund their important COVID-19 vaccine research.
Value: Undisclosed.
Area: Property, tax, pro bono.
Key players: The transaction was led by property partner Tracey Rundle and tax partner Michael Patane. HopgoodGanim’s pro bono practice is led by corporate partner, Nicole Radice.
Deal significance: As reported last week across various media outlets, Queensland couple, Keith and Glenda Drake have agreed to donate the proceeds of their multimillion-dollar Sunshine Coast penthouse to the RBWHF Coronavirus Action Fund to support vital research into the development of a COVID-19 vaccine.
The money raised will go towards the expansion of national trials to test the effectiveness of two drugs in treating COVID-19, and to supporting other virus-related medical research.
RBWH Foundation CEO Simone Garske said the organisation was incredibly grateful for the Drakes’ generous sacrifice.
