TORONTO — Prime Minister Justin Trudeau is announcing the opening of a major vaccine production plant in Toronto today — part of ÌìÃÀÓ°Ôº’s efforts to build up the domestic biomanufacturing sector in the aftermath of the COVID-19 pandemic.
The new Sanofi facility is the largest in ÌìÃÀÓ°Ôº and is expected to significantly increase ÌìÃÀÓ°Ôº’s domestic production of pediatric and adult vaccines for whooping cough, diphtheria and tetanus.
During the COVID-19 pandemic, it became clear that ÌìÃÀÓ°Ôº’s domestic production capacity was insufficient to respond to the pandemic emergency, leaving ÌìÃÀÓ°Ôº to rely on imported vaccines.
Sanofi, a global biopharmaceutical company, received $415 million from ÌìÃÀÓ°Ôº and another $55 million from the Ontario government, to build a flu vaccine and pandemic preparedness plant at its Toronto campus by 2026.
The company says that facility will be ready in 2027.
Between May 2020 and April 2022, ÌìÃÀÓ°Ôº promised more than $1.3 billion for 12 new or expanded biomanufacturing plants to make vaccines and antibody treatments.
©2024 The Canadian Press
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