Following the cessation of Medicago’s operations by its parent company Mitsubishi Chemical Group Corporation (“MCG”) in February 2023, the Government of Canada’s objectives were threefold: maintain Medicago’s intellectual property and critical research assets in Canada; ensure a Canadian company retains the technology platform, talent and expertise; and identify third-party investors that could help maintain and expand Medicago’s platform capabilities in-country. This is to enhance domestic pandemic preparedness capabilities and ensure that a promising technology platform remains in Canada.

“Our government has always been clear that the technology developed by Medicago is important to our life sciences sector and that we would work with our partners to keep expertise and workers in Quebec. This is why we worked closely with MCG to ensure that Medicago’s science, intellectual property and core assets remain in Canada and that its competencies and capabilities are retained in our country. It’s a pleasure to announce today that we have succeeded in meeting these objectives. I look forward to collaborating with Aramis Biotechnologies and to witnessing the continued growth of this made-in-Canada technology in the Quebec life sciences sector.”
– The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

“We are working tirelessly to position Canada as a world leader in the biomanufacturing and life sciences sector. This agreement with MCG is great news and will ensure that Medicago’s intellectual property and assets remain in Canada and in the Quebec City region. This demonstrates our commitment to continuing to grow the Canadian life sciences sector to improve health care for Canadians and Quebecers, increase our resilience to face future health emergencies, and create good jobs for the middle class, including here in Quebec City.”
– The Honourable Jean-Yves Duclos, Minister of Public Services and Procurement and Member of Parliament for Québec

“Health research plays a key role in producing better health outcomes for Canadians. That is why our government made historic investments in research and development to ensure Canadians had access to safe and effective vaccines as quickly as possible. Thanks to the settlement today, Canada is able to maintain Medicago’s talent, intellectual property and critical research assets in Canada. This will enhance our domestic readiness and reinforce Canada’s position as a top contributor to health research, biomanufacturing and life sciences.”
– The Honourable Mark Holland, Minister of Health

• In February 2023, MCG, the parent company of Medicago, announced its decision to cease operations at Medicago and initiate an orderly wind down of its operations. The company cited changes to the COVID-19 vaccine landscape, including decreased global demand for COVID-19 vaccines, and challenges in transitioning to commercial-scale production as factors behind the decision.

• The Government of Canada worked closely with MCG to protect Canadian interests and maintain Medicago’s intellectual property and critical research assets in Canada, transfer expertise and know-how to a new Canadian company, and identify third-party investors that could help improve and expand Medicago’s platform capabilities in-country.

• This agreement enables Canada to maintain an important domestic asset in the Canadian life sciences sector, growing and diversifying the national pipeline of vaccine technologies and providing Canadians with a safe and effective platform that can complement existing and future vaccine production capabilities. 

• Aramis was established in February 2023 after the closure of Medicago. It is led by former Medicago employees who are seeking to advance home-grown science and technology. Aramis secured the assets needed to maintain, improve and expand Medicago’s plant-based technology platform in Canada, including its research and development pilot facility, equipment and intellectual property. These assets will enable Aramis to build on research already started by Medicago and continue to support pandemic preparedness capabilities in our country.  

Associated links

• Biomanufacturing: Advancing life sciences industry in Canada
• Biomanufacturing: Projects underway
• Strategic Innovation Fund

Audrey Champoux
Press Secretary and Senior Communications Advisor
Office of the Minister of Innovation, Science and Industry
audrey.champoux@ised-isde.gc.ca

Media Relations
Innovation, Science and Economic Development Canada
media@ised-isde.gc.ca

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