Grants and Contributions:

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Title:
Modernize and increase the capacities of the Boucherville site to meet the strong demand for sterile medicine forms on the North American market.
Agreement Number:
819706
Agreement Value:
$60,000,000.00
Agreement Date:
Feb 13, 2025 - Jul 1, 2051
Description:
This project will support the modernization of an establishment of a new manufacturing facility focused on sterile injectables in Boucherville, Quebec. The facility will primarily manufacture and produce generic sterile injectables.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:

This investment will strengthen Canada's response to health emergencies and build Canada's long-term emergency preparedness. The facility will enhance the manufacturing capacity of sterile injectables and support Canadian hospitals with critical medicine.

Location:
BOUCHERVILLE, Quebec, CA J4B7K8
Reference Number:
033-2024-2025-Q4-819706
Agreement Type:
Other transfer payment
Report Type:
Grants and Contributions
Recipient Business Number:
778315275
Recipient Type:
For-profit organization
Additional Information:

This is a partially unconditionally repayable contribution.

Recipient's Operating Name:
DELPHARM BOUCHERVILLE CANADA INC
Recipient's Legal Name:
DELPHARM BOUCHERVILLE CANADA INC
Federal Riding Name:
Pierre-Boucher--Les Patriotes--Verchères
Federal Riding Number:
24014
Program:
SIF Stream2- Growth
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:
339990