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Published 1 year ago

Company picked by Ottawa to produce made-in-Canada vaccines warns it may go out of business

Summary by Ground News
Maryland-based Novavax told investors yesterday on a conference call that there is significant uncertainty surrounding the company's ability to continue funding operations. In February 2021, the federal government announced a deal with the company to begin producing its vaccine at a National Research Council facility in Montreal. Another company planning the commercial manufacture of COVID-19 vaccines in Canada, Quebec-based Medicago Inc., would be shut down.

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