Canada not paying for tobacco company stake in vaccine-maker Medicago, minister says

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Canada not paying for tobacco company stake in vaccine-maker Medicago, minister says
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Ottawa not purchasing tobacco company’s stake in vaccine-maker Medicago

The federal government isn’t considering putting up money to help buy shares in the only domestic manufacturer of COVID-19 vaccines, but it is “working on a solution” with Medicago’s parent company.

While meeting with the presidents of Mitsubishi Tanabe Pharma and Mitsubishi Chemical, which owns a 79 per cent stake in Medicago, Champagne says there were discussions about the company’s future as a global vaccine manufacturer.

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