Manitoba buys COVID-19 vaccine candidate, first Canadian province to bypass Ottawa

Published 2021-02-11, 02:55 p/m

By Rod Nickel

WINNIPEG, Manitoba, Feb 11 (Reuters) - The Canadian province of Manitoba said on Thursday that it would buy 2 million doses of a COVID-19 vaccine candidate that is currently in early trials, bypassing the national government.

Premier Brian Pallister said his government had agreed to buy the doses from Alberta-based Providence Therapeutics, which is developing a candidate similar to those produced by Pfizer Inc (NYSE:PFE) PFE.N and Moderna Inc MRNA.O .

If approved by the regulator, Health Canada, Providence would supply Manitoba with its first 200,000 doses next year.

In total, Manitoba will buy 2 million doses for the province of 1.4 million people. Emergent BioSolutions would manufacture the doses and fill vials at its plant in Winnipeg.

Pallister, a Progressive (NYSE:PGR) Conservative, has been critical of Liberal Prime Minister Justin Trudeau for not delivering vaccines fast enough. Canada is only now developing its own capacity to produce them.

Canada's rate of vaccination lags far behind rates per capita in the United States, United Kingdom and many other nations, but the number of new infections in Canada is dropping sharply amid widespread health restrictions.

"Canada first is in danger of becoming Canada last," Pallister said. "I just want a Canadian home field advantage for us."

Pallister did release financial terms.

The Canadian government has signed all procurement deals for vaccines so far - more per capita than any other country in the world - but they are all made outside the country and only Pfizer and Moderna have regulatory approval. The provinces are in charge of administering vaccines.

Last week, Canada signed its first deal to allow a foreign coronavirus vaccine, developed by Novavax Inc NVAX.O , to be manufactured domestically. Canada officials could not be immediately reached.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.