Ingrid Waldron and HealthCareCAN receive top Research Canada advocacy awards, AbCellera’s IPO nearly triples in value on first day of trading, Diversity Institute’s report on the Canadian labour market during the pandemic is out, and an international AI hub specializing in pharmaceutical R&D opens in Montreal.
Organization: Nova Scotia Department of Health and Wellness
The Short Report, May 6, 2020: AbCellera receives $175.6M for COVID-19 therapies; Canada contributes $850 million to global pandemic response; new “super angel” fund launches; and more
Vancouver-based AbCellera Biologics will receive up to $175.6 million from the federal Strategic Innovation Fund to fast-track antibody therapies against COVID-19. The funding will also go to build a first-of-its-kind antibody manufacturing facility over the next four years to help Canada respond to future pandemics. AbCellera has partnered with global biopharmaceutical company Eli Lilly to…