B.C. company expands antibody research, production facilities for second time
A Vancouver-based company that helped develop the first antibody therapy treatment for COVID-19 is expanding its research and development capacity as it continues to pursue world-leading new medicines, says Innovation Minister Francois-Philippe Champagne.
AbCellera Biologics announced a $701-million federal and British Columbia-backed infrastructure project Wednesday that will increase the overall scope of a manufacturing plant, which has been in the works since 2020, to facilitate clinical trials and help deliver antibody medicines to patients.
The federal government gave AbCellera $176 million toward the manufacturing plant and announced another $225 million Wednesday for the research and clinical trial projects, Champagne told a news conference at AbCellera's headquarters.
The B.C. government is providing $75 million.
“We're building a global champion,” Champagne said. “I think (of) this morning as one of the historic moments where we build a Canadian champion that we can all be proud of as Canadians.”
AbCellera senior vice-president Murray McCutcheon said the company's expansion project, which is described as a biotech campus, will be able to take research on antibody therapies from early ideas through to clinical trials.
Vaccines trigger the body to make antibodies to prevent or limit an infection before exposure, and antibody therapies are given to help a body fight off an infection after it has already started.
AbCellera partnered with drug giant Eli Lilly in 2020 to develop Bamlanivimab, which was authorized for use less than a year after the first case of COVID-19 was discovered.
While AbCellera helped discover that therapy, the doses were manufactured outside of Canada.
The new manufacturing plant is under construction now and is set to be producing antibody therapies for clinical trials starting next year.
B.C. Premier David Eby said the expansion project will create more than 400 jobs, while ensuring world-leading medicines are developed in Canada for Canadians and people globally.
“This means new training for British Columbians, this investment today,” he said. “It means access to frontline treatment through clinical trials. It means that when intellectual property is developed through research here that the financial benefits stay in our province and in our country.”
The expansion of the medical research also means if there is another global pandemic “we have the capacity here in our province and our country to support Canadians and British Columbians,” Eby said.
McCutcheon said the first focus will be on antibody therapies for use against cancer and autoimmune diseases.
The company was founded in 2012 and currently has about 500 employees.
This report by The Canadian Press was first published May 24, 2023.
CTVNews.ca Top Stories
Settlement reached in complaint over Canada Post layoffs as strike hits four weeks
The union representing Canada Post workers says an unfair labour practice complaint over the company's layoffs has been resolved.
Rescue group saves 11-year-old girl floating alone in the Mediterranean for days after shipwreck
An 11-year-old girl from Sierra Leone was found floating in the Mediterranean Sea off Italy's southernmost island of Lampedusa, believed to be the only survivor of a shipwrecked migrant boat that had departed from the port of Sfax in Tunisia, a humanitarian group said Thursday.
Banks tell 2 Ontarians too much time has passed to cash decades-old cheque, GIC
Two Ontarians who recently found unclaimed money from decades-old investments were told by their banks there were no records of them in their systems.
Ontario Premier Doug Ford threatens to cut off energy to U.S. in response to Trump's tariffs
Ontario Premier Doug Ford has threatened to cut off energy supply to the U.S. in response to the tariffs President-elect Donald Trump plans to impose on all Canadian imports.
'We are in for more terrorism, not less,' warns Canadian terror expert amid Syria's political chaos
The collapse of Bashar al-Assad’s regime means the ticking time bomb of prisons holding thousands of suspected ISIS members in northeast Syria has become even more unstable, a Canadian terrorism expert warns.
Missing 'lost Canadians' deadline creates 'unknowable' number of new citizens: feds
The federal government is asking an Ontario Superior Court for more time to pass citizenship legislation for the "lost Canadians," saying that without an extension an "unknowable" number of people would automatically become citizens next week.
Elon Musk calls Justin Trudeau 'insufferable tool' in new social media post
Billionaire Elon Musk is calling Prime Minister Justin Trudeau 'an insufferable tool' in a new social media post on Wednesday. 'Won't be in power for much longer,' Musk also wrote about the prime minister on 'X.'
More than 60,000 customers without power in the Maritimes due to wet, windy storm
Tens of thousands of customers in the Maritimes woke up to no power Thursday morning and several schools are closed as a wet and windy storm makes its way through the region.
Air Canada to offer free Wi-Fi on flights for Aeroplan members, sponsored by Bell
Air Canada plans to offer free Wi-Fi to Aeroplan members aboard its flights starting next year, building on a partnership with telecom giant Bell that already gives passengers free text messaging capabilities.