International Trade committee  I can't get into specific case scenarios, Randy. What I can say, though, is that a lot of the focus seems to be on the manufacturing, getting the large fill-finish facilities and being able to go and cut a ribbon and say, “Look—we're making these here.” The truth of the matter

International Trade committee  Yes.

International Trade committee  Honestly, I have a strategy for that. I worked with The Terry Fox Foundation, The Princess Margaret Cancer Foundation, the Alberta Cancer Foundation, the OICR. We were going to prove that method out in cancer. It's on hold because of the pandemic. If anybody is interested in lear

International Trade committee  Randy, it's not so simple as to just say that we're going to make this, we're going to make that. As was mentioned by the witnesses, it's more than just a recipe. You have to do the tech transfer. You have to do an audit of the facility and all the quality control that's associat

International Trade committee  Yes. Providence's approach on this is.... The countries that we're discussing were actually talking about jointly putting in a facility in that country and doing training and having control over the quality of that facility. We're open to tech transfer. We're open to sharing the

International Trade committee  I'm not sure what goes into the negotiations as Canada is negotiating with these large pharmaceutical companies for additional supply, so I don't know if competition restrictions are involved in those negotiations or not. I would hope certainly not—

International Trade committee  I have the advantage of being a private company that I have a lot of control over, so I don't need to go through a board of directors and shareholders and all the requirements associated with a publicly traded company to provide that type of clarity, and obviously there is differ

International Trade committee  We have the ability to produce vaccines. That work that you're describing has been done in Canada. All of the manufacturing processes, the supply chain, and everything we need to start producing mRNA vaccines in Canada are in place. The only thing that's missing is the capital fo

International Trade committee  Well, we're talking to anybody who will listen. The simple answer is, as I mentioned earlier, that our costs are $5 a dose. Those costs, 80% of that, $4 of that, are material costs that we have to spend up front. In this environment, where there's so much demand for this type of

International Trade committee  Oh, 100%. People ask me, “Well, if your stuff is so good, why don't you go out and raise money in the market?” Well, it's a point of value inflection. Yes, we're going to go to the capital markets. We're going to bring significant capital into Canada, but why would I do that at a

International Trade committee  Well, all I can point out is that mRNA vaccines, as has been mentioned by this committee, are the more expensive vaccines, and there's a reason for that. It's because it's a quality issue. You have the CEO of Pfizer indicating that prices of vaccines are going to go up, not down.

International Trade committee  At the Emergent facility in Winnipeg, we have a dedicated line within the facility. and with some very modest upgrades, about five million dollars' worth of upgrades, we could do 200 million doses a year.

International Trade committee  That's what I'm focused on right now.

International Trade committee  Genevant, prior to being Genevant, was a company called Arbutus, which prior to that was a company called Tekmira. Many of you may remember Tekmira from the Ebola crisis in Africa. Tekmira was at the forefront in Canadian papers a lot. It was another company prior to that. The g

International Trade committee  In terms of our 2021 production, there are two stages for mRNA vaccines. First there's a drug substance stage to make the mRNA. That is taking place in North Dakota, and we already have that space secured for us. This is at a facility that has a tremendous amount of experience. W