KAWARTHA LAKES-The Ontario government says it has secured a multi-million-dollar investment from Moderna Inc. to expand vaccine manufacturing with a $4 million investment through the Ontario Together Fund.
“Moderna’s new investment is a huge vote of confidence in our province, our workers, and our growing life sciences sector,” said Premier Doug Ford. “Not only will this investment create good paying jobs, it will provide our health care workers and people with more reliable access to life-saving vaccines, helping to ensure we no longer have to rely on other jurisdictions to keep us safe.”
Officials say Moderna is partnering with Novocol Pharma to add new manufacturing capabilities in their Cambridge facility that will complete the final steps of preparing and packaging respiratory mRNA vaccines for distribution in Ontario and throughout Canada.
“Through the Ontario Together Fund, we continue to grow our life sciences sector and help Ontario businesses innovate and bring their ideas to market,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Our government is proud to partner with companies like Moderna and Novocol Pharma as they help make Ontario home to the next generation of medical technology solutions. Expanding our biomanufacturing capacity will help ensure we have a strong medical supply chain today and in the future.
“Moderna is pleased to be growing a bigger presence in Ontario through our agreement with Novocol Pharma, thanks in part to the important contribution from the Government of Ontario. Today’s announcement complements our activities in Quebec and contributes to Moderna’s long-term partnership with the Federal Government to provide onshore respiratory vaccine manufacturing capabilities and support national pandemic readiness for all Canadians.” said. Patricia Gauthier, President and General Manager of Moderna Canada