Canada nails down 5th deal for potential COVID-19 vaccine

Posted In: News Date:Sep 22nd, 2020

Canada has now committed more than $1 billion to buy doses of COVID-19 vaccines after securing a fifth deal with Sanofi and GlaxoSmithKline Tuesday.

Procurement Minister Anita Anand said Tuesday that Canada has a deal in place to buy up to 72 million doses of their experimental vaccine candidate, which is just starting the second of three trial phases this month.

In all, Canada has committed $1 billion to buy at least 154 million doses of vaccines from five different companies, and most of that money will not be refunded even if the vaccines never get approved.

"We need to make a substantial investment in order to ensure that Canada is well positioned to secure access to the successful vaccine or vaccines," Anand said in an interview with The Canadian Press.


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