Sunday, March 16, 2008

Government of Canada announces 11 new Centres of Excellence for Commercialization and Research

World-class centres will share $163 million to move discoveries out of the lab and onto the marketplace

OTTAWA, Feb. 14 /CNW Telbec/ - The Honourable Jim Prentice, Minister of Industry, today announced $163 million to establish 11 new Centres of Excellence for Commercialization and Research (CECRs). These centres will share $163 million to pursue major discoveries and bring them to the marketplace over the next five years.

"Today's announcement marks a milestone in Canadian research history," said Minister Prentice. "The technologies, therapies, services and products generated by these new centres will help improve the well-being of all Canadians while positioning Canada at the forefront of priority research areas. As we stated in our Science and Technology Strategy, this Government is committed to encouraging these exciting, multidisciplinary partnerships between the private, academic and public sectors."

The 11 CECRs and their funding amounts are:

- Advanced Applied Physics Solutions, Inc. (AAPS), Vancouver, BC--$14.95 million

- Bioindustrial Innovation Centre (BIC), Sarnia, ON--$14.95 million

- Centre for the Commercialization of Research (CCR), Ottawa, ON--$14.95 million

- Centre for Drug Research and Development (CDRD), Vancouver, BC--$14.95 million

- Centre of Excellence in Personalized Medicine (CEPM), Montreal, QC--$13.8 million

- Centre for Probe Development and Commercialization (CPDC),Hamilton, ON--$14.95 million

- Institute for Research in Immunology and Cancer/CECR in Therapeutics Discovery (IRICoR), Montreal, QC--$14.95 million

- MaRS Innovation, Toronto, ON--$14.95 million

- The Prostate Centre's Translational Research Initiative for Accelerated Discovery and Development (PC-TRIADD), Vancouver, BC--$14.95 million

- Pan-Provincial Vaccine Enterprise (PREVENT), Saskatoon, SK--$14.95 million

- CECR in the Prevention of Epidemic Organ Failure (PROOF), Vancouver, BC--$14.95 million

More information on each Centre is provided here:
Networks of Centres of Excellence

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