Close X
Wednesday, November 27, 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

Surrey RCMP recover stolen bank and ID cards

Surrey RCMP recover stolen bank and ID cards
Shortly after 8 a.m. on December 8, 2020, Surrey RCMP responded to the theft of a vehicle from a residence in the 17200-block of 57 Avenue. The stolen vehicle had the owner’s credit card inside which was fraudulently used soon after it was stolen, at a business near 168 Street and 60 Avenue.

Surrey RCMP recover stolen bank and ID cards

B.C. mom who gave birth in coma able to meet son

B.C. mom who gave birth in coma able to meet son
Gillian McIntosh was given an emergency C-section after arriving at a hospital in Abbotsford, B.C., with COVID-19 symptoms in November.

B.C. mom who gave birth in coma able to meet son

B.C. sets new emissions goal to catch up on target

B.C. sets new emissions goal to catch up on target
The new emissions target requires greenhouse gases in B.C. to fall 16 per cent below 2007 levels within the next five years.

B.C. sets new emissions goal to catch up on target

Abbotsford Police need your help in finding missing male Gurpreet Singh

Abbotsford Police need your help in finding missing male Gurpreet Singh
Gurpreet SINGH, aka Gurpreet Singh Parmar, who was last seen on Thursday, December 10th in the area of Northdale Court and Blueridge Drive.

Abbotsford Police need your help in finding missing male Gurpreet Singh

B.C. expanding COVID-19 enforcement measures

B.C. expanding COVID-19 enforcement measures
Farnworth has also directed the Insurance Corp. of B.C. to send unpaid fines to collections after the initial 30-day payment or dispute period ends.

B.C. expanding COVID-19 enforcement measures

Tackling extremism priority for new CDS: Trudeau

Tackling extremism priority for new CDS: Trudeau
This is the first time Trudeau has shared his vision for the role since Gen. Jonathan Vance announced in July he was getting ready to step down as chief of the defence staff.

Tackling extremism priority for new CDS: Trudeau