Canada signs deal with Novavax to produce COVID-19 vaccines

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REUTERS/Dado Ruvic

By Caribbean News Global Caribbean News Global fav Canada signs deal with Novavax to produce COVID-19 vaccines

OTTAWA, Canada – Prime minister, Justin Trudeau, on Tuesday announced the government signed a memorandum of understanding with Novavax to pursue the production of its COVID-19 vaccine at the National Research Council of Canada’s Biologics Manufacturing Centre in Montréal.

“Since the beginning of the pandemic, our top priority has been the health and safety of all Canadians. Today, we are investing in our biomanufacturing capacity so that we have the made-in-Canada vaccines and treatments we need to protect Canadians, now and in the future, and recover from the impacts of COVID-19,” said the prime minister of Canada.

A statement  from the prime ministers’ office (PMO), said: “Since the beginning of the global COVID-19 pandemic, the government of Canada has worked quickly to strengthen and expand our capacity to manufacture safe and effective vaccines, treatments, and related supplies across the country. This includes investing in made-in-Canada projects to protect Canadians from COVID-19 and ensure our country is well-positioned to fight future pandemics here at home.”

The prime minister also announced investments to support vaccine, therapeutic, and biomanufacturing projects in Canada.

These include:

  • Up to $25.1 million to Precision NanoSystems Incorporated (PNI), a Vancouver-based biotechnology company, to expand our ability to produce ribonucleic acid vaccines and future genetic medicines in Canada. PNI will build a $50.2 million biomanufacturing centre to produce vaccines and therapeutics for the prevention and treatment of diseases such as infectious diseases, rare diseases, cancer and other areas of unmet need.
  • Up to $14 million to Edesa Biotech Inc. (Edesa), a biopharmaceutical company based in Markham, Ontario, to advance work on a monoclonal antibody therapy for acute respiratory distress syndrome, which is the leading cause of COVID-19 deaths. Edesa’s $18.7 million project has received Health Canada approval to conduct its phase 2 clinical trials, and has begun administering its treatment to clinical trial participants in Canada.

“Our government is bringing back the vaccine manufacturing capacity that Canadians expect and need. These investments will help to ensure that Canada has modern, flexible vaccine manufacturing capabilities now and in the future. With the investments announced today, our government is helping Canadian companies advance made-in-Canada vaccines and therapies, while securing domestic manufacturing options for international vaccine candidates. This is all part of our government’s commitment to protect the health and safety of all Canadians today, and in the future,” said, François-Philippe Champagne, minister of innovation, science and industry.

“The government of Canada will always rely on science-and evidence-based decision-making. This is why the investments and the actions of the government are informed by the recommendations of the COVID-19 Vaccine and Therapeutics Task Forces and COVID-19 Joint Biomanufacturing Subcommittee.

“We will continue to partner with Canadian industry and businesses to protect Canadians from COVID-19 and to build our biomanufacturing capacity as part of our recovery plan. Together, we can build a country that is healthier and safer for everyone,” the PMO said.

“We are working hard to ensure Canadians have access to safe and effective COVID-19 vaccines and treatments. Through these partnerships, we are supporting and partnering with innovative Canadian companies – something that will help keep Canadians safe and healthy,” Patty Hajdu, minister of health, concluded.

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