Grants and Contributions:

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Title:

820045

Agreement Number:

820045

Agreement Value:

$40,000,000.00

Agreement Date:

May 3, 2024 - Apr 30, 2046

Description:

This project will advance the development of a plant-based influenza vaccine candidate and continue to grow and enhance its world-leading virus-like particle technology platform in Quebec, Canada. The project consists of restarting the acquired Medicago pilot facility The project’s work phase is scheduled to end on December 31, 2026.

Organization:

Innovation, Science and Economic Development Canada

Expected Results:

The investment will enable the retention and growth of Medicago’s unique Canadian technology and IP in Canada and will invest in and expand this critical element of plant-based VLP vaccine technology development and supply chain, contributing to Canada’s pandemic preparedness goals.

Location:

Quebec, Quebec, CA G1Y2J8

Reference Number:

033-2024-2025-Q1-820045

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

762573418

Recipient Type:

For-profit organization

Additional Information:

Please note this update includes a change to improve standardization of reporting across projects. The end date was updated from (30/04/2043) to the current end date of (30/04/2046). This is not an extension. The end date now reflects the entirety of the agreement duration, including the benefit phase and residual audit period.

Amendment Date

Jun 30, 2026

Recipient's Operating Name:

Aramis Biotechnologies

Recipient's Legal Name:

Biotechnologies Aramis Inc.

Federal Riding Name:

Québec

Federal Riding Number:

24059

Program:

SIF Stream 1 - R&D

Program Purpose:

Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services; Facilitate the growth and expansion of firms in Canada; Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.

NAICS Code:

339900

Amendments:

See Amendments