Close X
Saturday, November 30, 2024
ADVT 
National

Feds to invest $9 billion in COVID treatments

Darpan News Desk The Canadian Press, 18 Dec, 2020 06:05 PM
  • Feds to invest $9 billion in COVID treatments

Prime Minister Justin Trudeau says the federal government is spending nearly $9 billion toward research into treatments for COVID-19 as authorities work to deploy hundreds of thousands of vaccines in coming weeks.

Trudeau says the investment through the National Research Council of Canada will be used to develop treatments to fight COVID-19 and other viral infections.

He says the funding will go to four Canadian companies working on treatment candidates, including two in Montreal and two in Vancouver.

Trudeau also announced that Canada is set to receive 125,000 doses of Pfizer-BioNTech per week in January, for a total of 500,000 doses next month.

He says his government has secured agreements for up to 417,000 doses of COVID-19 vaccines to arrive ahead of schedule, including more than 200,000 doses of the Pfizer-BioNTech vaccine next week.

Pending Health Canada approval, he says 168,000 doses of Moderna's vaccine candidate are scheduled to be shipped by the end of the month.

The Massachusetts-based biotech firm says its COVID-19 vaccine can now be shipped locally without it needing to be frozen at all.

The messenger RNA vaccine from Moderna is on the verge of being authorized for use in Canada and could be approved for use in the United States as early as today.

Until now, it was believed the vaccine had to remain frozen to at least -20 C until shortly before use, but the company says it can now safely transport liquid doses as refrigerated at between 2 C and 8 C.

A Moderna spokeswoman says this makes the logistics easier of getting the vaccine to remote locations.

Moderna was already considered less risky to ship than a similar vaccine from Pfizer-BioNTech, which must be kept frozen between -60 C and -80 C, and Canada is planning to send it to the territories, remote Indigenous communities and for use at long-term care homes.

Health Canada's review team is still waiting for final data on Moderna's manufacturing process before making its decision but the company plans to start shipping the first doses within 48 hours of getting the green light.

 

MORE National ARTICLES

WATCH: Raj Chouhan speaks about his new role as Speaker of the House in BC chambers

WATCH: Raj Chouhan speaks about his new role as Speaker of the House in BC chambers
On this historic feat he told DARPAN "There was a time when people of color were not even allowed to enter this building, let alone the chamber which I will be presiding over now." "Its a long journey and I am so grateful and say thank you to all those people who went before us and did all this for us!"

WATCH: Raj Chouhan speaks about his new role as Speaker of the House in BC chambers

B.C. money laundering final report will be delayed

B.C. money laundering final report will be delayed
British Columbia Supreme Court Justice Austin Cullen has released an interim report detailing the progress of the inquiry since hearings started last October, but he says he needs more time beyond the May 15 deadline set to release recommendations to the B.C. government.

B.C. money laundering final report will be delayed

Lululemon Q3 profits grow to US$143.6 million

Lululemon Q3 profits grow to US$143.6 million
The Vancouver-based clothing retailer, which reports in U.S. dollars, earned $1.10 per diluted share for the three months ended Nov. 1, up from 96 cents per share or $126 million a year earlier.

Lululemon Q3 profits grow to US$143.6 million

CBSA didn't probe how Meng's passcodes were shared

CBSA didn't probe how Meng's passcodes were shared
The B.C. Supreme Court has heard that passcodes to Meng's phones were collected during the exam and were "accidentally" shared when RCMP took possession of her electronics during the arrest.

CBSA didn't probe how Meng's passcodes were shared

Abbotsford masseur arrested for alleged assault

Abbotsford masseur arrested for alleged assault
The Abbotsford Police Department Major Crime Unit detectives identified and arrested 56-year-old, Reinhard “Bud” Loewen,

Abbotsford masseur arrested for alleged assault

MLA introduces bill to cap fees charged to restaurants by delivery services at 15%

MLA introduces bill to cap fees charged to restaurants by delivery services at 15%
If passed, the bill would regulate a cap on fees charged to restaurants by third-party delivery services. Currently, these services charge as much as 30 per cent of the total cost of orders.

MLA introduces bill to cap fees charged to restaurants by delivery services at 15%