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.
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Because nobody needs or wants what your selling! Recovery rate from Covid 99.8% without ANY VACCINES!!!! Keep your shit!
Weird that in the entire article you never mentioned that they got hundreds of millions of dollars to set up in Canada and that that money is now ... what? Down the drain I expect along with all the billions of CERB money to people who didn't need it.
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