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Governments, Sanofi unveil nearly $1B for vaccine-manufacturing site


Three levels of government unveiled funding for a nearly $1 billion expansion of drug-maker Sanofi’s vaccine manufacturing facility in Toronto to support future domestic production of influenza and coronavirus vaccines. The funding, announced at a joint news conference Wednesday, will allow French pharmaceutical company Sanofi S.A. to build an “end-to-end bulk vaccine manufacturing facility” at the firm’s North York campus in Toronto, Innovation Minister François-Philippe Champagne said. The project, which is expected to be fully operational by 2026, is meant to prepare Canada for vaccine self-sufficiency during future pandemics. When complete, it will enable “state-of-the-art” product formulation, filling, inspection and packaging of vaccines. “This project of nearly $1 billion is one of the largest-ever bio-manufacturing investments that has been (made) in Canadian history,” Champagne said.

iPolitics - March 31, 2021

View the full story here: https://ipolitics.ca/2021/03/31/governments-sanofi-unveil-nearly-1b-for-vaccine-manufacturing-site/