Ontario Supporting Over 1,000 Good-Paying Jobs in Life Science Sector

The Ontario government is supporting $61 million in investments by 11 local health technology companies through the Life Sciences Scale-Up Fund (LSSUF), as they expand production capacity and commercialize their Ontario-made health technologies to provincial and global markets. With the first round of funding now fully deployed, the LSSUF program has officially leveraged nearly $75 million in investment, supporting over 1,000 good-paying jobs across 14 projects.

Congratulations to all recipients - especially our OBIO‑affiliated companies: Baylis, Cosm Medical, Epineuron,Flosonics Medical, Genomadix, and Vital Biosciences! We are proud to be part of their journey over the years.