Four B.C. organizations are among two dozen groups working in Canada to find a treatment for COVID-19, with millions in federal funding up for grabs.
According to Health Canada, the University of B.C., Algernon Pharmaceuticals Inc. and SaNOtize Research and Development Corp. are all authorized groups in the race for a treatment. While on Sunday the federal government announced that Vancouver-based AbCellera Biologics Inc. would receive $175.6 million to develop an antibody to treat COVID-19.
The company, one of the first in North America to receive a blood sample from a patient who had recovered from the coronavirus, has a three-month human trial set for July.
There is no treatment or vaccine available to people who contract COVID-19 and develop symptoms, but the federal government has set aside $1 billion to help find a vaccine and/or treatment for the disease that has killed 121 British Columbians, 4,043 Canadians and 257,000 people globally.