COVID-19 Vaccine Initiatives Backed By The Canadian Authorities

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TORONTO: Quebec’s Medicago, owned by Mitsubishi Tanabe Pharma and Philip Morris, stated on Thursday its experimental COVID-19 vaccine, developed with restricted authorities funding, would go into late-stage trials earlier than the tip of the 12 months, cementing its lead within the race for a Canadian-made vaccine.

The next is a roundup of different coronavirus vaccine tasks in Canada which have additionally received federal help.

* In Could, Canada’s Nationwide Analysis Council (NRC) stated it could collaborate with CanSino Biologics, a Chinese language firm with longstanding ties to Canada creating a vaccine primarily based partly on Canadian analysis.

The company stated C$44 million ($34 million) in beforehand introduced funding could be used to improve an NRC manufacturing facility in Montreal so the experimental vaccine may very well be produced in Canada. However the collaboration fell aside over an export approval situation that has by no means been absolutely defined.

* The federal authorities pledged C$23.3 million to fund a brand new manufacturing facility and different operations on the College of Saskatchewan’s VIDO-InterVac vaccine developer in March, and one other C$23 million to help medical testing and trials in April. Its experimental vaccine is anticipated to enter early stage trials round December.

* VBI Vaccines Inc, which has analysis operations in Ottawa, obtained C$56 million in federal funding that was introduced in August. Its COVID-19 candidate may go into trials across the finish of the 12 months.

* Precisions NanoSystems received as much as C$18.2 million to develop a messenger RNA-based vaccine, just like one developed by Pfizer Inc and BioNTech SE that reported spectacular trial knowledge earlier this week.

* Nova Scotia’s IMV Inc was awarded greater than C$3 million to develop its experimental vaccine, which may go into trials earlier than the tip of 2020.

* Canada’s Nationwide Analysis Council is offering a mixed C$23.2 million in funding to 6 different early-stage tasks.

* The federal authorities earmarked C$600 million over two years for trials of COVID-19 vaccines and coverings, and their manufacture.

($1 = 1.3115 Canadian {dollars})

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