The Province is providing $195M in funding in life sciences
Darpan News Desk The Canadian Press, 02 Mar, 2022 05:03 PM
The province is providing 195-million dollars in grant funding to help attract and retain top researchers in the life sciences field.
Jobs Minister Ravi Kahlon says Michael Smith Health Research B-C will get 116-million dollars while Genome BC will get the rest in order to spur innovation.
— Brenda Bailey, MLA (@BrendaBaileyBC) March 2, 2022
Kahlon says the province wants to leverage B-C's contributions to developing and manufacturing COVID-19 vaccines towards learning how to deal with future pandemics.
He says the funding could also help advance research in a range of areas including the development of new medications, rapid diagnostic tests for diseases and clean technology.Â
Quarantine regulations passed by the federal government contain an exemption for essential medical services obtained abroad. A coronavirus shot, the agency says, falls under that definition.
The grim milestone means six in every 10,000 Canadians died of COVID-19 since March 9, 2020, when the country's first COVID-19 death was reported. Canada surpassed 20,000 deaths at the end of January.
Canada's first homegrown vaccine for COVID-19 is showing promising antibody results in hundreds of participants in a Phase 2 trial and could be ready for a final authorization request this summer.
A group of four tourism and hospitality industry associations reacted to B.C.'s budget announced last month, saying in a news release at the time that tourism-related spending was welcome, but it may not be enough to save some businesses before ongoing travel restrictions are lifted.
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Brig.-Gen. Krista Brodie will now be responsible for managing the country’s vaccine distribution and rollout efforts, which are expected to ramp up in the coming weeks as millions of shots arrive in the country ahead of summer.
