Executives at Maryland-based Novavax told investors on a conference call Tuesday that there is significant uncertainty surrounding the company’s ability to continue funding operations as the market for COVID-19 vaccines changes.
Ottawa has ordered more than 811 million rapid tests since the beginning of the pandemic with a price tag of about $5 billion. About 680 million of those went to provinces and territories.
Ray Shelley is the new chair of the The Canadian Generic Pharmaceutical Association has elected, and Michel Robidoux, president and general manager of Sandoz Canada, the new vice chair.
U.S. District Court Judge Timothy Kelly said in the opinion that drug companies had failed to prove that a federal rule allowing states to import medicines would create a “concrete risk of harm” for them.
The federal government spent $376 million on more than 21 million litres of hand sanitizer, which the Public Health Agency of Canada distributed throughout the pandemic.