Canadian COVID-19 vaccine manufacturer Medicago Inc. shutting down
Canadian COVID-19 vaccine manufacturer Medicago Inc. shutting down
After 24 years in operation, a Quebec-based drug manufacturer that produced a Canadian COVID-19 vaccine and other plant-based drugs is closing.
Parent company Mitsubishi Chemical Group announced on Thursday it plans to shut down Medicago Inc., headquartered in Quebec City, "in due course, in accordance with local laws and regulations."
Medicago, which began operating in Quebec in 1999, describes itself as "one of few" manufacturers in the world with the capability to develop both vaccines and monoclonal antibody treatments, which are used to prevent and treat a broad range of diseases, including cancers, Crohn's disease, arthritis, multiple sclerosis and COVID-19.
Last year, Health Canada approved Medicago's plant-based COVID-19 vaccine, Covifenz, for adults aged 18 to 64. The vaccine was meant to be administered in two doses, and clinical trials showed it was 71 per cent effective in preventing COVID-19 infection beginning one week after the second dose.
In October 2020, before the vaccine was approved, the federal government penned a deal to buy up to 76 million doses of the drug, in addition to providing $173 million in funding to support the vaccine's development and the construction of a new Quebec City manufacturing plant.
Medicago had been preparing to launch commercial-scale production of the vaccine, but its parent company announced Friday it would cease all of its operations, citing changes to the COVID-19 vaccine landscape, global demand for COVID-19 vaccines ,and "Medicago’s challenges in transitioning to commercial-scale production."
"The group judged that it was not viable to continue to make further investment in the commercialization of Medicago’s development products, and decided to cease all of its operations at Medicago and proceed with an orderly wind up of its business and operations," according to a statement published on Mitsubishi Chemical Group's website Thursday.
In a post to Twitter on Thursday, Quebec City Mayor Bruno Marchand called the closure a "huge pity."
"My thoughts are with the families who learned some very sad news today," he wrote in French. "We have to roll up our sleeves to keep all this expertise in the field of health innovation in Quebec."
Sign up to receive the most important updates in your inbox two times a week
This undated electron microscope image made available by the U.S. National Institutes of Health in February 2020 shows the Novel Coronavirus SARS-CoV-2, orange, emerging from the surface of cells, green, cultured in the lab. (NIAID-RML via AP)
Rogers Communications Inc's $26-billion takeover of Shaw Communications Inc. cleared the last regulatory hurdle Friday, more than two years after the deal was first announced.
Donald Trump has been indicted by a Manhattan grand jury, prosecutors and defense lawyers said Thursday, making him the first former U.S. president to face a criminal charge and jolting his bid to retake the White House next year.
The bodies of six people, including one child, were found in the St. Lawrence River Thursday afternoon after an air search involving the Canadian Coast Guard, the Akwesasne Mohawk Police said.
Canadian Industry Minister François-Philippe Champagne has approved Rogers Communications Inc.'s $20-billion takeover of rival telecom Shaw Communications Inc., but there are conditions attached and penalties of up to $1 billion if the companies violate them.
The numbers of babies born with syphilis in Canada are rising at a far faster rate than recorded in the United States or Europe, an increase public health experts said is driven by increased methamphetamine use and lack of access to the public health system for Indigenous people.
Disgraced South African Paralympic sprinter Oscar Pistorius has been denied parole, the lawyer for Reeva Steenkamp's parents said after the parole hearing.
A Toronto man, whose neighbours vanished eight years ago and left their home completely abandoned, said he's fed up living next door to a property that is in complete disarray.
Former Conservative leader Erin O'Toole says he will not seek re-election and plans to resign his seat this spring. The Ontario MP led the Conservatives and served as official Opposition leader from August 2020 until February 2022, when a majority of his caucus voted to remove him from the post.
The vote of a Manhattan grand jury to indict the Republican former president on charges related to hush money payments made on his behalf during his 2016 presidential campaign catapults the now-candidate Donald Trump into a new era of legal risk and complicates his attempts to return to the White House.
The bodies of six people, including one child, were found in the St. Lawrence River Thursday afternoon after an air search involving the Canadian Coast Guard, the Akwesasne Mohawk Police said.
Canada needs standardized data on violence on transit systems to help tackle issues ranging from a lack of mental health supports to eroding public trust, say researchers, citing the recent stabbing death of a 16-year-old boy at a Toronto station as the latest example of random attacks on commuters.
Four of the Vancouver police officers involved in the violent 2015 arrest of Myles Gray – which ended with the 33-year-old dying in handcuffs – claim they were directed by their union not to keep notes about what happened, in violation of department policy.
A proposed class-action lawsuit over infamous brainwashing experiments at a Montreal psychiatric hospital was before Quebec's highest court Thursday, as victims attempted to remove immunity granted to the United States government.
The federal government now expects far more Canadians with long-overdue dental needs to sign up for its insurance plan, and the health minister says that's why the estimated cost has risen by $7 billion.
Thirty-six bodies have been found inside a well at a Hindu temple in central India after dozens of people attending a festival fell into the muddy water when its cover collapsed, officials said Friday.
A Philippine coast guard commander said Friday that the tragic scenes of death his team saw aboard a gutted ferry, including bodies of adults clutching children, had moved them to tears and sparked fears other passengers could be found dead in the still-smouldering ship.
King Charles III commemorated the more than 30,000 people, mostly German civilians, who were killed in the Allied bombing of Hamburg almost 80 years ago as he visited the northern city Friday on the last leg of his first foreign trip since becoming monarch.
Several members of the 16-man crew on a Liberia-flagged tanker are being held hostage by pirates who boarded the ship in West Africa's Gulf of Guinea last week, the Danish shipper that owns the vessel said Friday.
Pope Francis is expected to be discharged on Saturday from the Rome hospital where he is being treated for bronchitis as his recovery proceeds in a 'normal' way, even had pizza for dinner and will be in St. Peter's Square for Palm Sunday Mass, the Vatican said.
The Vatican on Thursday responded to Indigenous demands and formally repudiated the 'Doctrine of Discovery,' the theories backed by 15th-century 'papal bulls' that legitimized the colonial-era seizure of Native lands and form the basis of some property law today.
Former Conservative leader Erin O'Toole says he will not seek re-election and plans to resign his seat this spring. The Ontario MP led the Conservatives and served as official Opposition leader from August 2020 until February 2022, when a majority of his caucus voted to remove him from the post.
The Liberal government's controversial online-streaming bill is one step closer to passing after the House of Commons approved most of the Senate's amendments to the proposed legislation.
Rogers Communications Inc's $26-billion takeover of Shaw Communications Inc. cleared the last regulatory hurdle Friday, more than two years after the deal was first announced.
The federal government now expects far more Canadians with long-overdue dental needs to sign up for its insurance plan, and the health minister says that's why the estimated cost has risen by $7 billion.
The B.C. government's bid to restrict the sale of diabetes drug Ozempic to prevent non-Canadian residents draining supplies was the right move and a long time coming, says Brett Skinner, founder and CEO of the Canadian Health Policy Institute.
The numbers of babies born with syphilis in Canada are rising at a far faster rate than recorded in the United States or Europe, an increase public health experts said is driven by increased methamphetamine use and lack of access to the public health system for Indigenous people.
Italy's data protection agency said on Friday it had opened a probe into OpenAI's ChatGPT chatbot over a suspected breach of the artificial intelligence application's data collection rules.
New research suggests the classic image of a Tyrannosaurus rex with massive, sharp teeth might be wrong. A study in the journal Science suggests the teeth on a T. rex was likely covered by scaly lips and didn't stick out when its mouth was closed.
This week, pop culture critic Richard Crouse reviews new movies: 'Dungeons & Dragons: Honor Among Thieves,' 'Spinning Gold,' 'Tetris' and 'Space Oddity'
Ryan Reynolds spent the day in Ottawa as he continues his efforts to buy the Senators, meeting with officials from the city of Ottawa and the National Capital Commission and attending the Senators game.
Stocks are ticking higher Friday to keep Wall Street on track for a winning March and first quarter of the year, despite a long list of worries thrown at it.
With just five weeks before King Charles III's coronation, a British manufacturer of fine bone china is busy making 'God Save The King' commemorative plates and mugs for the historic occasion.
In a glittering splash of luxury fashion, Dior transformed Mumbai's grand, historic Gateway of India monument into a runway laden with celebrity, beauty and craftsmanship.
On March 30, 1923, exactly 100 years ago, the world's first continuous passenger cruise ship arrived back in New York City after completing a 130-day voyage.
CONCACAF president Victor Montagliani and former Canada Soccer president Nick Bontis defended Canada Soccer's controversial deal with Canadian Soccer Business on Thursday, telling a parliamentary committee that the contract provided the governing body with more guaranteed revenue that it had received previously.
Formula One officials confirmed on Friday that teams can no longer touch their cars with jacks during penalty pitstops in the wake of the Fernando Alonso controversy at the Saudi Arabian Grand Prix.
Russian and Belarusian players will be able to compete at Wimbledon as neutral athletes after the All England Club on Friday reversed its ban from last year.
Holding a sprint race on a street circuit at the Azerbaijan Grand Prix is a "ludicrous" proposition which will cost Formula One teams when they "trash" their cars, Red Bull boss Christian Horner said.
Formula One officials confirmed on Friday that teams can no longer touch their cars with jacks during penalty pitstops in the wake of the Fernando Alonso controversy at the Saudi Arabian Grand Prix.
Red Bull principal Christian Horner has criticized the stricter interpretation of a rule that bans Formula One team employees from climbing pit wall for victory celebrations.
