Le Lézard
Classified in: Business
Subject: NEW PRODUCTS/SERVICES

Canada's biomanufacturing ecosystem gets major boost with new funding


MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) -- The Canada Foundation for Innovation (CFI) is helping the country's institutions prepare for pandemics and other health emergencies though its Biosciences Research Infrastructure Fund (BRIF). The fund's goal is to provide researchers with the competitive advantages they need to maintain the prosperity, health and security of Canadians now and in the future.

Today, the Honourable Soraya Martinez Ferrada, Minister of Tourism, and the Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec, announced more than $360 million in funding through the CFI to support the research infrastructure needs of Canada's biomanufacturing and life sciences sector. She made the announcement at Polytechnique Montréal on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry and the Honourable Mark Holland, Minister of Health. Today's funding will support 14 infrastructure projects that will contribute to:

"We must ensure the health and safety of all Canadians today and in the future," says Roseann O'Reilly Runte, President and CEO of the CFI. "The projects funded through the Biosciences Research Infrastructure Fund will play a critical role in our country's rapid response to future pandemics. This state-of-the-art equipment will be used by academic and private-sector researchers to develop innovative medical interventions and treatments and will help cement Canada's place as a leader in this growing field."

This national competition is a partnership with the Canada Biomedical Research Fund (CBRF). New funding through the CBRF was also announced today. The integrated CBRF?BRIF Stage 2 competitions are advancing the goals of Canada's Biomanufacturing and Life Sciences Strategy. The first stage of CBRF established five biomedical research hubs across the country in 2022, while Stage 2 focuses on research and talent development projects at those hubs. The research infrastructure projects funded through BRIF are each associated with one of those five hubs. The hubs will provide strategic guidance and training to bioscience professionals. They will also encourage collaboration between institutions and across sectors and will translate research into product development and manufacturing that will benefit Canadians.

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About the Canada Foundation for Innovation

With a bold, future-looking mandate, the Canada Foundation for Innovation equips researchers to be global leaders in their field and to respond to emerging challenges. Our investments in state-of-the-art tools, instruments and facilities at universities, colleges, research hospitals and non-profit research institutions underpin both curiosity- and mission-driven research that cuts across disciplines and bridges all sectors. The research infrastructure we fund mobilizes knowledge, spurs innovation and commercialization, and empowers the talented minds of a new generation.

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A full list of the funded projects as well as stories about the facilities we fund are available online at Innovation.ca. For updates, follow us on Facebook, LinkedIn and X @InnovationCA and subscribe to our YouTube channel to find videos about the CFI and its transformative research projects.

Contacts

Sara Frizzell
Media Relations and Social Media Specialist
Canada Foundation for Innovation
613-943-2580 
[email protected]
Media Relations
Innovation, Science and Economic Development Canada
[email protected]


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