Company planning to make COVID vaccine in Canada warns it could go out of business

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: MONTREAL — An American company that signed a deal with the federal government to produce COVID-19 vaccines in Montreal has warned investors it could go out of business within the year.

Source: FinancialPost.com

Date: Mar 02, 2023

Link: https://financialpost.com/news/company-covid-19-vaccine-in-canada-could-go-out-of-business

Questions for discussion:

  • What does the report say about the reasons for the unstable situation at the company and government production facility?
  • What is the message to business and government?
  • What is the message to investors and taxpayers?

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