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Contribution: SIF Stream 2 - Growth

Northern RNA Inc.

$15,000,000.00

819504

FY 2023-24 · 2023-08-10

Summary
This project will establish a good manufacturing practice (GMP)-ready Chemical Manufacturing Facility at the Edmonton Research Park in Edmonton, Alberta. The facility will provide commercial-scale chemical manufacturing capacity focused on the production of lipids and other critical pharmaceutical materials used in advanced therapeutics, vaccines, and lipid nanoparticle (LNP) systems.The project’s work phase is scheduled to end on March 31, 2029.
Program
SIF Stream 2 - Growth
Location
Calgary, Alberta, Canada
Recipient Type
For-profit organization
Business Number
717183537
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Amendments

Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.

AmendmentDateFiscal YearTotal
02023-02-042022-23$15,000,000.00
12023-08-102023-24$15,000,000.00
22023-08-102023-24$15,000,000.00

As published

Additional Information
The amendment provides for a 44 month extension.
Additional Information (French)
La modification prévoit une prolongation de 44 mois.
Agreement End Date
2053-09-01
Agreement Number
819504
Agreement Start Date
2023-08-10
Agreement Title
819504
Agreement Title (French)
819504
Agreement Type
Contribution
Agreement Value
$15,000,000.00
Amendment Date
2026-08-21
Amendment Number
2
Description
This project will establish a good manufacturing practice (GMP)-ready Chemical Manufacturing Facility at the Edmonton Research Park in Edmonton, Alberta. The facility will provide commercial-scale chemical manufacturing capacity focused on the production of lipids and other critical pharmaceutical materials used in advanced therapeutics, vaccines, and lipid nanoparticle (LNP) systems.The project’s work phase is scheduled to end on March 31, 2029.
Description (French)
Ce projet permettra d’établir une installation de fabrication de produits chimiques prête pour les bonnes pratiques de fabrication (BPF) au parc de recherche d’Edmonton à Edmonton, en Alberta. L’installation fournira une capacité de fabrication de produits chimiques à l’échelle commerciale, axée sur la production de lipides et d’autres matières pharmaceutiques essentielles utilisées dans les thérapies avancées, les vaccins et les systèmes de nanoparticules lipidiques (LNP). La phase de travail du projet devrait se terminer le 31 mars 2029.
Expected Results
The investment will allow Northern RNA to possess enhanced domestic manufacturing capacity for strategically important pharmaceutical inputs, supporting Canadian supply chain resilience, increased commercialization opportunities, and improved access to GMP manufactured materials required for advanced therapeutics and vaccine development. The project will further strengthen Canada's biomanufacturing ecosystem through investment in infrastructure, equipment, and highly qualified personnel.
Expected Results (French)
L’investissement permettra à Northern RNA de posséder une capacité de fabrication nationale améliorée pour des intrants pharmaceutiques d’importance stratégique, ce qui favorisera la résilience de la chaîne d’approvisionnement canadienne, l’augmentation des possibilités de commercialisation et l’amélioration de l’accès aux matières produites selon les BPF nécessaires à la mise au point de traitements de pointe et de vaccins. Le projet renforcera davantage l’écosystème de biofabrication du Canada grâce à des investissements dans l’infrastructure, l’équipement et le personnel hautement qualifié.
Federal Riding
Calgary Forest Lawn
Federal Riding (French)
Calgary Forest Lawn
Federal Riding Number
48006
NAICS Code
339900
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
SIF Stream 2 - Growth
Program Name (French)
FRS Volet 2 - Croissance
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.
Program Purpose (French)
Favoriser les activités de R-D qui accéléreront le transfert de la technologie et la commercialisation de produits, de processus et de services novateurs ; faciliter la croissance et l'expansion des entreprises au Canada ; attirer et conserver des investissements de grande envergure au Canada ; et-faire progresser la recherche industrielle, le développement et la démonstration de technologies grâce à la collaboration entre les universitaires, les organisations à but non lucratif et le secteur privé.
Recipient Business Number
717183537
Recipient City
Calgary
Recipient Country
CA
Recipient Legal Name
Northern RNA Inc.
Recipient Operating Name
Northern RNA Inc.
Recipient Postal Code
T2A7H8
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
033-2023-2024-Q2-819504