The Alberta government says it will provide up to $81.2 million to four groups developing and manufacturing vaccines in the province.
Premier Jason Kenney says the money will address a need for vaccines that fight viruses such as COVID-19 and also support the broader pharmaceutical and life sciences sector.
The University of Alberta, Entos Pharmaceuticals, Applied Pharmaceutical Innovation and Northern RNA are the recipients.
Get weekly health news
Receive the latest medical news and health information delivered to you every Sunday.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.
Kenney says more than half of the money will go to the U of A’s Li Ka Shing Institute of Virology.
- Hamilton ‘black soot’ not expected to pose long-term risk, public health says
- Roslin, Ont. farmer faces insurance dispute after life-changing accident
- Certain Whole Foods products recalled over salmonella fears linked to U.S.
- Private plasma donation clinic says it is pausing all collection in Canada
He notes a portion of the provincial grants will be contingent on the groups securing financial support from the federal government.
Kenney says the funding will also help to diversify Alberta’s economy.
Comments
Want to discuss? Please read our Commenting Policy first.