Sanofi Pasteur Limited will receive up to $70 million to help construct the 150,000-square-foot Bulk Biologics Facility at the Connaught Campus in Toronto. The governments of Canada and Ontario contributed the amount to help establish the $500-million vaccine-manufacturing facility. Through the Advanced Manufacturing Fund, FedDev Ontario contributed $20 million, which is a repayable contribution. For its part, the Government of Ontario is investing $50 million through the Jobs and Prosperity Fund. Considered as one of the most advanced of its kind in the world, the facility is expected to double the production of Sanofi Pasteur’s life-saving vaccines by 2023, which is the target year of operation. The initiative will also launch the Canadian-researched and -developed pertussis or whooping cough vaccine into more than 30 new global markets. An estimated 1,250 jobs will be created or maintained through this project. Sanofi Pasteur is the vaccines division of Sanofi, which invested $130 million into R&D in Canada in 2016, and whose entities employ close to 1,900 people.
Research Money News
Applied Research Comes of Age - Second Edition Coming!
The booklet “Applied Research Comes of Age” contains stories and messages from colleges and institutes across Canada, including details of leading-edge student projects, state-of-the-art facilities available for use by industry and innovative solutions being co-created by students, faculty and companies.Read More
Conference Proceedings 2019
The proceedings from the 17th Annual RE$EARCH MONEY Conference are now available. Catch up on anything you missed or re-visit the most interesting conference moments with in-depth coverage from Tim Lougheed. Download the proceedings now (free).Read More
Access to innovation spurs regional diversification and growth By: Dr. Mehdi Sheikhzadeh, Executive Dean, Applied Research & Innovation, Lambton College
|Applied PeR$pectives is a new monthly blog dedicated to highlighting the innovative work being done in the college and institute community.|
Fast Policy Facts
|December 12, 2018: Requiem for a National Network Program
Trending by Topic
RE$EARCH MONEY welcomes its readers to submit articles of either 650 or 1,000 words for its popular Opinion Leader page, on topics of interest to the research and innovation community. We also welcome Letters to the Editor and other feedback. If you would like to submit an article or if your organization has news or events that it would like to appear in RE$EARCH MONEY please contact Adity Das Gupta (email@example.com) for further information.
- National Research Council
- Natural Sciences and Engineering Research Council
- Canada Foundation for Innovation
- Univ of Toronto
- Canadian Institutes of Health Research
- Univ of British Columbia
- Technology Partnerships Canada
- McGill Univ
- Univ of Alberta
- Univ of Waterloo
Research Money on Twitter
- Loading tweets...