Global Trade Alert
Global Trade Alert

Canada: Government invests in antibody discovery technology to fight against COVID-19

Announcement

03 May 2020

In May 2020, the government of Canada announced providing funding to AbCellera Biologics to support the company’s investment in antibody discovery technology to treat COVID-19.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 May 2020

Revocation date:

No revocation date

Updated: 03 May 2020
State loan In force

On 3 May 2020, the government of Canada announced providing CAD 175 million (USD 124.6 million) to AbCellera Biologics through the strategic innovation fund to support AbCellera’s investment in ant...

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