Pandemic preparedness vaccine factory not opening until 2027: Sanofi

  • 📰 SooToday
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 85%

Canada Headlines News

Canada Latest News,Canada Headlines

OTTAWA — A massive new Toronto vaccine factory, tasked with making flu shots and preparing for the next pandemic, won't start producing shots until 2027 — as much as a year later than the company initially envisioned when the plant was first announce

OTTAWA — A massive new Toronto vaccine factory, tasked with making flu shots and preparing for the next pandemic, won't start producing shots until 2027 — as much as a year later than the company initially envisioned when the plant was first announced.

During the pandemic, Canada was left flat-footed in the race to procure COVID-19 vaccines because there was no domestic capability to make them. Matthieu Puyet, Toronto site head for Sanofi, said Thursday that facility will now be operational in 2027. Between May 2020 and April 2022, Canada promised more than $1.3 billion for 12 new or expanded biomanufacturing plants to make vaccines and antibody treatments.

But many of the aggressive timelines the government set out during COVID-19 have not come to fruition. The NRC has yet to sign a contract with a vaccine company that is looking for a partner to make its doses.The company has faced significant delays in getting its COVID-19 vaccine to market, but saw some positive news earlier this month when it signed a licensing agreement with Sanofi that also injected some much needed financing.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UBS’s Ermotti Says He Could Stay as CEO Until Early 2027UBS Group AG Chief Executive Officer Sergio Ermotti intends to stay at the helm of the Swiss bank until the task of absorbing Credit Suisse is complete, meaning he could be in place until early 2027.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

King Charles won't be featured on $20 bills until 2027, Bank of Canada saysBritain's King Charles III reacts as he leaves St. George's Chapel, in Windsor Castle, after attending the Easter Mattins Service, on March 31, 2024. (Photo by Hollie Adams / POOL / AFP) (Photo by HOLLIE ADAMS/POOL/AFP via Getty Images)
Source: CBCNews - 🏆 2. / 99 Read more »

BlockDAG’s dashboard upgrade triggers a $20 valuation by 2027, tops Kaspa (KAS) PredictionBlockDAG offers a unique blend of innovative technology and promising market projections, making it a standout choice among its peers.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Brazil picked to host the FIFA Women's World Cup in 2027FIFA President Gianni Infantino announces Brazil as the hosts of the 2027 Women's World Cup during the 74th FIFA Congress in Bangkok on Friday.
Source: CBCNews - 🏆 2. / 99 Read more »

Brazil chosen to host 2027 FIFA Women's World CupBrazil will host the 2027 Women’s World Cup after a vote of FIFA’s 211 members chose the South American bid over a joint bid from Belgium, Netherlands and Germany.
Source: TSN_Sports - 🏆 80. / 51 Read more »

BlockDAG aims to hit $30 by 2027, outpacing Dogeverse and 5th ScapeDiscover how BlockDAG's updated roadmap drives presale success, poised to outpace Dogeverse and 5th Scape with a $20 price target by 2027.
Source: CryptoAmb - 🏆 22. / 68 Read more »