https://www.citynews1130.com/2020/05...support-covid/
Ottawa (NEWS 1130) — The federal government is pouring millions of dollars into a Vancouver-based bio-research company, which is looking into the treatment and prevention of COVID-19.
$175-million to AbCellera Biologics was announced by Prime Minister Justin Trudeau during his daily update from Ottawa Sunday morning.
He said the company is doing a “very promising” work around COVID-19.
“They’ve identified antibodies that could be used in drugs to treat this virus. This new funding will help them continue their vital work, and will support human [trials].”
Trials will begin as early as July.
In addition to the federal support, the City of Vancouver is “ensuring AbCellera has the infrastructure needed as they accelerate finding a treatment for COVID-19,” Vancouver Mayor Kennedy Stewart says in a release published by AbCellera.
“We couldn’t be more proud to be on the front lines of this global effort thanks to the innovation and leadership of AbCellera,” Stewart add