Moderna to sign agreement to build mRNA production plant in Canada
OTTAWA — U.S. drug maker Moderna will sign an agreement with the Canadian government today promising to build an mRNA production plant in Canada.
Moderna CEO Stéphane Bancel will sign the memorandum of understanding with federal Innovation Minister François-Philippe Champagne in Montreal this morning. It is the second major deal Ottawa has made to get mRNA made in Canada in the last three months.
In May, Champagne said Ottawa would provide $199 million to Resilience Technologies in Mississauga, Ont., about half the cost of expanding its existing plant to make up to 640 million doses of mRNA vaccines every year.
A spokesman for Champagne tells The Canadian Press Moderna and Ottawa are still negotiating specifics on how much the federal government will contribute to the new plant, along with where it will be built and when.