Governments seek buyer as Quebec COVID-19 vaccine manufacturer Medicago set to close
“Protecting the health and safety of Canadians is our government’s top priority, including ensuring we have sufficient domestic vaccine production capacity to protect against future infectious disease threats and pandemics.”
Speaking to reporters on Montreal’s South Shore Friday, Fitzgibbon said the company informed the province at the end of December it intended to pull the plug on Medicago. In May 2015, Quebec and Ottawa announced loans of $60 million and $8 million, respectively, for the construction of a complex in the Quebec City region to house Medicago’s activities.While Canada authorized Medicago’s vaccine in February 2022, it was rejected for emergency use by the World Health Organization in March because tobacco company Philip Morris was a minority shareholder in the company, contravening a policy adopted in 2005 by the United Nations agency.
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