The EU and Canada move toward formal negotiations on research partnership; CIHR to meet health challenges with a clinical trials fund; a nationwide research network to improve pediatric outcomes, the Courtois Foundation donates $159 million to UdeM for the discovery of new materials, and more.
Organization: Centre for Drug Research and Development
The Short Report – May 20, 2020: Last network renewals for sunsetting NCE program; New accelerator targets healthy living; Canadian health research at “elevated risk” for hacking; and more
The Networks of Centres of Excellence has awarded $80.7 million in funding to five networks – the last cohorts to be renewed as the NCE program begins winding down over the next few years. Three-year renewals were granted to: Aging Gracefully across Environments using Technology to support Wellness, Engagement and Long Life (AGE-WELL) ($22 million);…
The Short Report – May 15, 2019: Early career awards, cannabis R&D, AI
Minister of Science and Sport Kirsty Duncan has announced the first 157 early career researchers to share $38 million under the recently launched New Frontiers in Research Fund. Each recipient will receive up to $250,000 over the next two years to support international, interdisciplinary, fast-breaking and high-risk research. – Newswire Vancouver-based Centre for Drug Research…
Innovation Conversations: Q&A with CDRD president and CEO Gordon C. McCauley
Vancouver-based Centre for Drug Research and Development (CDRD) is an 11-year-old organization that helps “bridge” scientific discoveries and commercialization in the life sciences sector. RE$EARCH MONEY spoke to CDRD president and CEO Gordon C. McCauley about how it is helping companies scale up and its strategy for attracting capital in a sector that is growing exponentially but is perceived to be risky.
Zucara Therapeutics secures funding for diabetes drug
Life sciences firm Zucara Therapeutics Inc. has secured non-dilutive funding of US$3.9 million for the pre-clinical advancement of its lead drug candidate for diabetes, ZT-01. Zucara’s partner, The Leona M. and Harry B. Helmsley Charitable Trust, will provide the funds in the form of a loan under a program-related investment (PRI). ZT-01 is focused on…
Fundamental science, research facilities and innovation share in historic $6.4-billion Budget boost
In what may be well be remembered as Canada’s first truly 21st century research and innovation Budget, the Liberal government has committed to investing more than $6.4 billion in scientific research, technology and business innovation assistance.
Feds announce chairs of Economic Strategy Tables
The federal government has appointed the chairs of four of the six Economic Strategy Tables that were announced in the last federal Budget as part of its new Innovation and Skills Plan. The industry leaders represent six high-growth sectors singled out by the government as having the best prospects for achieving innovative economic growth and…
Sepset study to fast track diagnosis of sepsis
Sepset Biosciences Inc has started a multi-country and multi-center clinical study to develop faster and more accurate identification of patients afflicted with sepsis. The study is expected to assist in validating and refining the proprietary gene signature of Sepset, which is a spin-out of the Centre for Drug Research and Development (CDRD). A successful development…
Canada’s regenerative medicine sector poised to soar with better funding and collaboration: report
Canadian expertise and achievements in regenerative medicine (RM) could be at a turning point if strategic steps are taken to increase stable funding and achieve greater coordination among the many federal and provincial players. Those are the key observations of a report issued by the Council of Canadian Academies (CCA), which was based on a two-day workshop held last October to provide policy makers with pointers for growing the sector and realizing greater economic and health benefits.
CDRD spin-off secures seed funding from Quark
Sitka Biopharma, Vancouver, has received a “significant” but unspecified seed investment from Quark Venture to advance its lead compound for treating bladder cancer into clinical trials. Sitka was spun out in 2013 from the Univ of British Columbia and the Centre for Drug Research and Development. CDRD assisted the firm in developing its nanoparticle platform…