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Canada invests up to $415M to support Sanofi in building vaccine manufacturing facility


These updates are republished press releases and communications from members of the Science|Business Network
Canada invests up to $415M to support Sanofi in building vaccine manufacturing facility
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, together with the Honourable Patty Hajdu, Minister of Health, announced an investment of up to $415 million to support Sanofi Pasteur Limited (Sanofi) in building an end-to-end influenza vaccine manufacturing facility in Toronto, Ontario. This new facility will ensure drug product formulation, fill-and-finish and inspection. As part of this project, Sanofi will invest more than $455 million as well as create and maintain 1,225 highly skilled jobs in Canada. The Government of Ontario will also invest $55 million, making this a $925-million project. In addition, the company will also invest at least $79 million a year to fund Canadian research and development ....

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