Close X
Sunday, November 24, 2024
ADVT 
National

Made-in-Canada COVID drugs show industry rebound

Darpan News Desk The Canadian Press, 07 Dec, 2021 11:41 AM
  • Made-in-Canada COVID drugs show industry rebound

OTTAWA - Innovation Minister François-Philippe Champagne says Canada's biomanufacturing sector has rebounded beyond his initial expectations in the last several months, as a Canadian drug maker stands poised to bring positive results from the first plant-based COVID-19 vaccine to Health Canada.

At the outset of the pandemic, Canada's lack of biomanufacturing capability came into sharp focus, and the incapacity to produce COVID-19 vaccines domestically caused some major initial stumbles in the country's early vaccine rollout.

Champagne says his vision was to rebuild the sector based on the different families of vaccines, as well as improve the capacity for contract manufacturers in Canada.

“This is beyond my expectations,” Champagne said in an interview Monday.

The government spent billions of dollars in an attempt to rebuild Canada’s flagging biomanufacturing capabilities as quickly as possible, after decades of decline.

Canadian company Medicago benefited from its largest investment, $173 million, to support the development of a plant-based COVID-19 vaccine and establish a large-scale manufacturing plant.

Now, Medigaco is churning out doses of its made-in-Canada vaccine in anticipation of its application to Health Canada, after trials showed the drug is 75.3 per cent effective against the Delta variant of COVID-19.

The company announced its trial results Tuesday, citing 88.6 per cent efficacy against the Gamma variant of COVID-19, and 75.3 per cent efficacy against Delta.

Medicago plans to take those results to Health Canada before the end of the year, as well as regulators in the United Kingdom, the United States, the World Health Organization and eventually Japan.

It has already started building inventory, 75 million doses of which have been promised to Canada.

Champagne’s plan to have several types of COVID-19 vaccine produced in Canada appears to be coming together.

Moderna and BioVectra are set to manufacture mRNA technology in Canada. If Medicago gets a green light from Health Canada, it will produce its plant-based vaccines. Novavax has already filed for regulator approval of its protein based vaccine, which will be manufactured in the National Research Council’s Biologics Manufacturing Centre in Montreal. Sonofi will spend $925 million to build a new vaccine facility in Toronto to bolster manufacturing capacity.

And just yesterday Merck Canada announced it inked a deal with Thermo Fisher Scientific to manufacture the oral antiviral COVID-19 treatment, molnupiravir, at its facility in Whitby, Ont. with a mandate to supply the product domestically, as well as to the United Kingdom, European Union, Asia Pacific and Latin America.

It’s a sign more companies see Canada as a stable place to set up shop, he said.

“I think what … attracts them most is really the talent pool we have, the open and stable environment to produce, the fact that we kept our supply chain open,” Champagne said.

To build on the progress, Champagne said Canada will need to focus on research and innovation to attract investment. The goal is for local manufacturers to provide drugs not only to Canada, but the world.

Medicago, which benefited from a large government investment, said Canada should also look to foster new start ups.

The home-grown company got a large cash injection from the government, but it still would not have made it without large private investment in the early days of its inception, said president Takashi Nagao.

“Canada compared with the U.S. still has what I see as a younger or less mature capital market to promote emerging licensed companies. So, these companies tend to go to U.S. NASDAQ and others for the funding,” said Nagao.

“I think the government can play a vital role to help the funding during the early stage of the company to grow and be ready in the situation like this.”

 

MORE National ARTICLES

B.C. deals with flood warnings, evacuations

B.C. deals with flood warnings, evacuations
Several rivers in British Columbia were under flood warnings on Wednesday as hundreds of homes remained evacuated because of heavy rainfall. There were 12 evacuation orders involving 350 homes in the Fraser Valley Regional District in its coverage area from Boston Bar to Abbotsford.

B.C. deals with flood warnings, evacuations

Open more overdose prevention sites: study

Open more overdose prevention sites: study
In B.C., the highest rates of fatal overdose are in the urban Vancouver health region, at 44.6 per 100,000 people, and the remote northern region, where the rate is 42.8 per 100,000.

Open more overdose prevention sites: study

Vancouver home sales up 12% in Nov.: board

Vancouver home sales up 12% in Nov.: board
The Real Estate Board of Greater Vancouver says November home sales increased by almost 12 per cent from last year as demand continued to outpace supply. The B.C. board says sales for the month amounted to 3,428, up from 3,064 last November but down from 3,494 in October 2021.

Vancouver home sales up 12% in Nov.: board

Downtown Eastside police officers seized $20K in stolen bikes from a rooftop stash spot all thanks to social media

Downtown Eastside police officers seized $20K in stolen bikes from a rooftop stash spot all thanks to social media
Rumours of the bike stash began circulating last week, after social media posts suggested someone was using a Gastown rooftop to store the stolen bikes. Officers began investigating, and quickly determined that the bikes were being lowered to the rooftop by rope from a neighbouring building. After getting several tips, they pinpointed the stash spot and moved in to seize nine bikes on November 22.    

Downtown Eastside police officers seized $20K in stolen bikes from a rooftop stash spot all thanks to social media

375 COVID19 cases for Wednesday

375 COVID19 cases for Wednesday
There are 2,936 active cases of COVID-19 in the province, and 213,394 people who tested positive have recovered. Of the active cases, 301 individuals are in hospital and 98 are in intensive care. The remaining people are recovering at home in self-isolation.

375 COVID19 cases for Wednesday

Man dies in Surrey shooting, IHIT takes over case

Man dies in Surrey shooting, IHIT takes over case
A 45-year-old man was shot during the early morning hours of Nov 29th in Surrey.  Surrey RCMP were called to the 9600 block of 135 Street and found the man suffering from life threatening injuries. 

Man dies in Surrey shooting, IHIT takes over case