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Canada: Novocol Pharma secures funding from the Canadian government

Description

On 16 March 2021, Novocol Pharmaceutical of Canada announced securing CAD 32.7 million (USD 26.2 million) from the government to expand its biomanufacturing facilities in Cambridge, Ontario. The contr...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Mar 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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