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UPDATE 1-Canada pledges C$485 million in COVID-19 aid for other nations

By Reuters Staff (Adds details on what will be funded, background) TORONTO, Dec 14 (Reuters) - Canada will spend C$485 million ($380 million) to support COVID-19 tests, treatments and vaccines in low- and middle-income countries, including antibody treatments, International Aid Minister Karina Gould said in a statement on Monday. The funds will make it possible for the United Nations children’s agency UNICEF buy up to 3 million courses of antibody treatments, pending approval. Two such treatments have been authorized for emergency use in the United States: one from Eli Lilly and AbCellera and another from Regeneron Pharmaceuticals. “This virus will not be fully eradicated until it’s eradicated everywhere,” the government said in the statement.

Canada boosts COVID-19 foreign aid by $485M

OTTAWA - Canada is helping fund the creation of a new international system to help distribute any extra COVID-19 vaccines to poor countries, says International Development Minister Karina Gould. Resident Annie Innes, 90, receives the Pfizer BioNTech COVID-19 vaccine at the Abercorn House Care Home in Hamilton, Scotland, Monday Dec. 14, 2020. THE CANADIAN PRESS/AP-Russell Cheyne/PA via AP OTTAWA - Canada is helping fund the creation of a new international system to help distribute any extra COVID-19 vaccines to poor countries, says International Development Minister Karina Gould. “Canada is really is leaning into this space. The world is not at a point of donating excess capacity because we are just at the very beginning of vaccines getting approved,” Gould said in an interview after announcing of $485 million in new money toward the global effort to provide COVID-19 medicines to poor countries.

Canada pledges $485-million toward global effort to ensure equitable access to COVID-19 treatments

Canada pledges $485-million toward global effort to ensure equitable access to COVID-19 treatments
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