Stocks TradingCharts.com

stocks prices, charts & quotes

Free Stock Prices, Charts & Stock Price Quotes

Search
Symbol Search Browse Symbols My Charts Menu
QUICK QUOTE
QUICK CHART
F.A.Questions Suggestion Box Advertising Info Commodity Charts Forex Markets

Stocks & Financial News

Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts

Sanofi inaugurates new flu vaccine facility, Canada's largest biomanufacturing investment

TORONTO, Sep. 16, 2026 (CNW Group via COMTEX) --
Sanofi today inaugurated the Charles Best Building, a flu vaccine manufacturing facility that will manufacture Sanofi's FluzoneÂR High-Dose influenza vaccine. This new manufacturing facility also offers industrial scale capacity to strengthen Canada's preparedness for future pandemics. The $925 million (CAD) investment includes $415 million in partnership from the Government of Canada and $55 million from the Government of Ontario, marking the single-largest investment in a biomanufacturing facility in Canadian history.

Named after Dr. Charles Best, co-discoverer of insulin, and early medical director at what is now the Sanofi Toronto Campus, the facility is located on Sanofi's 52-acre property.  With deep roots in Canada's biopharmaceutical history, Sanofi's Toronto Campus has since become a major vaccine R&D and manufacturing hub, producing vaccines that are distributed to more than 60 countries worldwide. 

The Honourable Mélanie Joly, Canada's Minister of Industry; The Honourable Marjorie Michel, Canada's Minister of Health; The Honourable Doug Ford, Premier of Ontario; Her Worship Olivia Chow, Mayor of Toronto; and members of the federal and provincial government joined with Sanofi executives to inaugurate the new facility.

The Charles Best Building, which broke ground in 2021, is now fully operational and, pending regulatory approval, will begin production in early 2027 in preparation for the 2027-28 flu season.

In addition to providing essential influenza vaccines, the expansion of Sanofi's end-to-end manufacturing capabilities in Canada is creating approximately 300 highly skilled jobs in advanced biomanufacturing, further positioning Canada as a key global hub for life sciences and vaccine innovation, with the talent and capability to grow.

 

SOURCE SANOFI

SOURCE: SANOFI

For more information and media inquiries, please contact: Julien Guyomard |
416-434-3143 | Julien.Guyomard@sanofi.com;AAlison Akkerman | 416-434-5853 |
Alison.Akkerman@sanofi.com
comtex tracking

COMTEX_492735263/2197/2026-09-16T10:30:00

Do not sell my personal information

Copyright © 2026. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.