Feds reach new COVID-19 vaccine deal to produce millions of doses expected for 2021

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Feds reach new COVID-19 vaccine deal to produce millions of doses expected for 2021
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The federal government is partnering with biopharmaceutical and biotechnology giants Pfizer and Moderna to help secure millions of vaccine doses to be ready for distribution across Canada in 2021.

Procurement Minister Anita Anand said on Wednesday that the deal with the two multinational corporations would help put Canada in a competitive position in the global hunt for coronavirus therapies.

Innovation Minister Navdeep Bains, who joined Anand for the announcement Wednesday, underlined the government’s efforts to diversify therapies, which he said will addressed at one of two task forces the Liberals have established. "Through the Strategic Innovation Fund the government will support VBI’s work on preclinical studies and clinical trials. More investments will follow," he said.

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