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Ontario Industry Updates

CAAP Company: SensOR Medical Announced as National Winner of the James Dyson Award

CAAP company SensOR Medical's ForceFilm technology, a thin add-on for minimally invasive surgical (MIS) instruments that provides surgeons with a digital sense of touch to help improve surgical safety, was selected as the Canadian James Dyson Award winner. SensOR will receive $3,400 toward ForceFilm’s development.

SensOR will now enter the International competition, where it will go up against other national winners for the ultimate $50,000 prize.

Pre-CAAP Company: Medstack & Zensurance Announce Partnership to Accelerate Digital Health Innovation

MedStack and Zensurance recently announced a partnership that will bring competitive cyber-liability insurance packages to MedStack customers. Digital health companies on MedStack's platform meet the highest levels of security and stability, qualifying them for exclusive cybersecurity insurance packages from Zensurance.

Therapure Biopharma Inc. Announces Spin Off and Sale of Contract Development and Manufacturing Business for US $290 Million

Therapure Biopharma Inc. today announced that a joint venture between 3SBio Inc., a leading global biotechnology company, and CPE Funds has entered into an agreement to acquire Therapure’s contract development and manufacturing (CDMO) business and certain rights to plasma products and technology for the Chinese market for US$290 million, subject to certain adjustments.

Call for Applications - Industry Innovation Partnership Program, Up to $3M Available

The Centre for Aging + Brain Health Innovation (CABHI) announced today the second round of funding available through its Industry Innovation Partnership Program (I2P2). This program is designed to enable successful applicant companies worldwide to accelerate the evaluation and adoption of their innovative products and services that can help to address the needs of aging adults. In total, up to $3 million CAD in funding will be available for solution testing and validation. 

Reliq Health Announces Go-Live with 30,000 Patient Primary Care Group in Texas

VANCOUVER, BC, August 17, 2017. Reliq Health Technologies Inc. a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community‐Based Healthcare, is pleased to announce the golive of remote patient monitoring, care coordination and telemedicine platform with their Rio Grande Valley Health Alliance in McAllen, Texas.

BlueRock Therapeutics Expands Toronto Presence with R&D and Manufacturing Hub, Appoints Key R&D Leadership

TORONTO and CAMBRIDGE, Mass., Aug. 17, 2017. BlueRock Therapeutics, which is developing cell-based therapies designed to alter the course of degenerative disease, today announces the expansion of the company's presence in Toronto with a research, development and manufacturing site in the MaRS Discovery District.

Steadiwear Wins Most Innovative Start-up & Most Favorable Startup at Jumpstarter 2017 Wearables|IOT|EduTech Pitch Competition

Jumpstarter is a first-of-its-kind startup event that unites and empowers Hong Kong’s hottest startup sectors.

OBIO member company Steadiwear Inc. took home the titles of "Most Innovative Start-up” in the Wearables/IOT/EduTech  Pitch Competition, and the “Most Favorable Startup”, as decided by audience votes, which earned them a spot in the Grand Finale.

CAAP Company: Intronix Technologies To Launch "Myoguide DOC", A Comprehensive Software Package Designed for Clinicians Utlilizing Botulinum Toxins to Manage Patient's Spasticity And Pain.

Intronix Technologies will be launching "Myoguide DOC", a comprehensive software package designed to help clinicians who inject Botulinum Toxins, such as Botox®, Dysport® and Xeomin® to manage their patient's spasticity and pain.

Mirexus Biotechnologies Inc. Raises $12 Million to Finance Factory, Fund Business Development, and Deepen R&D

Mirexus Biotechnologies Inc. (Mirexus) is excited to announce that it has closed an investment round of $12 million.  Mirexus is a safe and natural nanomaterials company based in Guelph, Ontario that is commercializing PhytoSpherixTM, a novel technology based on polysaccharide nanoparticles that can be used in a wide variety of markets ranging from cosmetics to nutraceuticals to applications in human health.  The funds will be used to finance a factory to produce PhytoSpherixTM, and to fund at least three years of operations as the company grows.

Norgen Biotek Corp Launches New Portfolio for Next Generation Sequencing, including Library Preparation Kits and Full NGS Service Offering

Norgen Biotek Corp., an innovative Canadian biotechnology company focusing primarily on advancing powerful tools for nucleic acid and protein purification and stabilization, today announced the recent launch of their new portfolio of product and service solutions for Next Generation Sequencing (NGS) applications.  Norgen has extensive experience with NGS, and has leveraged this expertise to develop a number of new kits and workflows for NGS applications.