Organization: University Health Network

NCE shortlists 11 for 2018-19 competition

The Networks of Centres of Excellence (NCE) has announced 11 shortlisted candidates that will proceed to the next phase of the 2018-19 competition that is open to both new and established networks. The 11 networks bested 58 other proposals and will submit full proposals by July. This competition marks the first time both new and…

Budget for York’s health care tech project reaches $34.5M

York Univ‘s efforts to commercialize new health care technologies has been boosted by a $15-million grant from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The institution’s new project — The Health Ecosphere: An Innovation Pipeline for Commercial Health Solutions — has also received $19.5 million from 32 partners developing three dozen health…

AvidBiologics completes VC financing round

Toronto-based AvidBiologics Inc has closed a financing round to move its antibody-drug conjugate (ADC) technologies into clinical trials. The privately held firm — a 2011 spinout from YM BioSciences Inc — secured an unspecified amount of financing from Lumira Capital (lead), MaRS Investment Accelerator Fund, MaRS Innovation, Rosseau Asset Management and the company’s founding investors.…

New institute to move discovery into clinical trials

University Health Network and the Univ of Toronto have launched The Techna Institute for the Advancement of Technology for Health to integrate and fast track the R&D and commercialization of new healthcare technologies. The institute was launched with $10 million in start-up funds. The Princess Margaret Hospital Foundation committed $4 million after receiving a $5-million…

Toronto virtual brain surgery training centre opens

The fourth in a series of seven virtual neurosurgery training centres has opened in Toronto utilizing high-definition haptic hardware technology developed by the National Research Council. The facility will be located at Toronto Western Hospital‘s Krembil Neuroscience Centre in collaboration with the University Health Network‘s International Centre for Tele- simulation and Innovation in Medical Education.…

Swedish firm licenses Canadian software

Stockholm, Sweden-based RaySearch Laboratories AB has licensed research software from Toronto’s Princess Margaret Hospital for use in its deformable image registration technology for use in adaptive radiation therapy. The specialized Morpheus software was licensed through the University Health Network‘s Technology Development and Commercialization Office. Morpheus algorithms allow for image registration based on biomechanical modeling of…

Canada and India research team to fight malaria

The University Health Network is the Canadian lead in a consortium to develop new drugs for preventing and treating malaria. The Canada-India collaboration is funded by International Science and Technology Partnerships Canada and and the Indian government’s department of biotechnology. The Indian lead is the International Centre for Engineering and Biotechnology. Other partners are the…

IBM and UHN create new research centre at MaRS

IBM Canada Ltd has contributed $2.5 million worth of hardware and software to create a new research centre at the University Health Network (UHN)’s facility in the MaRS Discovery Centre in downtown Toronto. The Life Sciences Discovery Centre will utilize supercomputing to help analyze protein interactions as they relate to ovarian, lung, colon and prostate…