Company planning to make COVID vaccine in Canada warns it could go out of business

The company, which has more than $1.3 billion in cash on hand, is counting on its ability to develop and sell an updated COVID-19 vaccine next fall and is cutting costs, Kelly told investors.

However, on an NRC website last updated in December, the federal science and technology agency said it is still working on the “technology transfer” required to produce the vaccine.Article content“Novavax continues to make progress towards establishing local manufacturing capabilities in partnership with NRC/, with manufacturing of process performance qualification batches expected to begin in early 2023,” the company said.

“We’re continuing to explore options with potential collaborators on producing vaccines and other biologics at the facility on its second production line,” Christine Jodoin, the vice-president of strategic initiatives at the NRC, wrote in an email.

Because nobody needs or wants what your selling! Recovery rate from Covid 99.8% without ANY VACCINES!!!! Keep your shit!

not a minute too soon!

Ha ha..go figure!! We are closed for business!! We always been! Too many regulations...employees...pfff!! Down south..here is just too much to deal with!

We don’t need your drugs!

“Take the money and run …”

Good riddance.

We can only hope

Sure, no one wants more jabs

Oh no lll

Maybe all those people who believe in the Vax and hate us that won't Vax could take extra multiple shots to keep Trudeau's pet project financially viable.

My non-business brain could have told ya that! Duh

Good..

Perfect example of when govts pick winners and losers, it usually ends badly. They are doing the same regarding wind & solar energy. Expect that to also end badly. Of course, Cdn tax payers are the real losers.

Because no one wants that stuff in their healthy body's in more. Enough is enough.

Let me guess wants a taxpayer hand out.

Lol massive liberal fail!! AGAIN

good bye bye

Great news.

Omg why ?

Liberal money laundering company uses State media to apply for more 'funding'.

Pfizer and Moderna mRNA Covid vaccines send genetic instructions to your cells to turn them into Spike Protein factories The Novavax vaccine is a pure concentrate of billions of Spike Proteins The Spike Protein is toxic by itself, even without the rest of the virus ZeroDose

More taxpayers money waisted

Pretty sure that is what happens when the market speaks.

Cdn Minister Champagne will ‘continue to invest’. So subsidize with our tax dollars, even when there is no market for the product.

Good

What luck.

Best news so far in 2023

Good

Too bad so sad 😢

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Company planning to make COVID-19 vaccines in Canada warns it could go out of businessNovavax executives told investors there is significant uncertainty surrounding the company’s ability to continue funding operations as the market for COVID-19 vaccines changes LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL 8 Years Everything Everytime Endlessly This Pail Of Meat Trimmings Has Held The Title Of Prime Minister Of Canada 🇨🇳 For 8 Years Aladdin’s 🇨🇳 Banana Republic 🇨🇦 TrudeauMustGo JUSTINflation BlackFaceHitler 🇨🇳🧦🌴🍾🤡🎈 So… They’d be best if they produced VHS cassettes
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Company planning to make COVID-19 vaccine in Canada could go out of businessAn American company that signed a deal with the federal government to produce COVID-19 vaccines in Montreal is warning investors it could go out of business within the year. No shit. 😂 😂😂😂😂😂😂🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼👏🏼👏🏼👏🏼👏🏼 👌
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Company planning to make COVID-19 vaccine in Canada could go out of businessMONTREAL — An American company that signed a deal with the federal government to produce COVID\u002D19 vaccines in Montreal has warned investors it could go out of…
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