Federal government announces $80-million for critical drug initiative in Alberta

The 40,000-square-foot facility, which is to be built in Edmonton, is expected to have the capacity to produce 70 million doses annually

The Alberta government says it provided $5.6 million in 2022 to Applied Pharmaceutical Innovation, which allowed it to secure the additional funding from the federal government.

“Alberta has a vibrant and thriving research, development and manufacturing ecosystem to develop and produce a domestic supply of essential pharmaceuticals with potential to reach global markets,” Nate Glubish, minister of technology and innovation, said in a news release.

The funding came as welcome news to both the University of Alberta and Applied Pharmaceutical Innovation. “This support from the government of Canada and the government of Alberta is an absolute game-changer,” Andrew MacIsaac, CEO of Applied Pharmaceutical Innovation, said in a statement.

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