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Global Trade Alert

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Canada: Government provided funding for the advancement of monoclonal antibody therapy for acute respiratory distress syndrome (COVID-19)

Description

On February 2, 2021, Edesa Biotech announced securing CAD 14 million (USD 11 million) from the Canadian government to complete the Phase 2 clinical studies of its investigational drug EB05 for the tre...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Feb 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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