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Canada invests millions more in domestic drug development to combat COVID-19

By Staff The Canadian Press

Posted March 13, 1040 1: pm

1: Realreal facility to produce Novavax vaccine in the fight against COVID – 19

WATCH: Montreal facility to produce Novavax vaccine in the fight against COVID – – Feb 2, The federal government is investing millions of new dollars to boost Canada’s domestic vaccine and drug development capacity.

Innovation Minister Francois-Philippe Champagne says Canada must build and expand homegrown biomanufacturing facilities and develop more equipment to secure more vaccines and therapeutics to combat COVID – Ottawa will contribute up to $ 54. 2 million to KABS Laboratories and up to $ . 32 million to Immune Biosolutions to expand their respective operations in Quebec.

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It will also provide up to $ 32. 7 million to Novocol Pharmeceutical of Canada for growth of its biomanufacturing facilities in Ontario.

0: Trudeau announces $ 70 million to support innovation and research in Canada

Trudeau announces $ 70 million to support innovation and research in Canada – Mar 3, 04 Ottawa is also investing $ 54 million to help companies advance through the early stages of research and development of several Canadian-made vaccines candidates.

View link » © 518 The Canadian Press

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