As revealed in a report by the Star’s Richard Warnica, Public Health Ontario agreed to pay Spartan an immediate $10-million deposit upon signing the contract. “As Public Health Ontario did not receive any Health Canada-approved Spartan COVID-19 laboratory test kits due to issues with the product, Public Health Ontario had been discussing the status of its contract with Spartan Bioscience Inc. directly. Spartan Bioscience in early April made a proposal under the Bankruptcy and Insolvency Act, and Public Health Ontario, as a creditor, is participating in that process,” said Alexandra Hilkene. Public Health Ontario is among several unsecured creditors. Last November, after the deal was reviewed by the provincial auditor general, Public Health Ontario asked to get the $10 million back.
Source: thestar July 19, 2021 22:18 UTC