Moderna to sign deal to build mRNA vaccine production facility in Canada
Moderna CEO Stephane Bancel will sign the memorandum of understanding with federal Innovation Minister Francois-Philippe Champagne in Montreal this morning. It is the second major deal Ottawa has made to get mRNA made in Canada in the last three months.in Mississauga, Ont., about half the cost of expanding its existing plant to make up to 640 million doses of mRNA vaccines every year.
Moderna was founded 11 years ago to research and produce messenger RNA, or mRNA, vaccines and therapeutics, and its COVID-19 vaccine is its first product ever authorized for widespread use. Canada has played no part in the production of Moderna or any other COVID-19 vaccine to date. Its lacklustre pharmaceutical industry, decimated over the last 30 years, left Canada entirely reliant on imported vaccines to slow COVID-19. Many of the scientists on the teams that made COVID-19 vaccines are from Canada but were lured away to the United States and elsewhere, where life science industries were thriving.
It began a rolling review for authorization with Health Canada last winter, but the final approval has still not happened in this country either. Novavax is a subunit protein vaccine, not an mRNA vaccine.of its vaccine production plant in Toronto. The existing plant mainly makes flu vaccines, and the expansion will focus on that as well.
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