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Funding Opportunity: MaRS Procurement by Co-Design Program

Deadline for Submission October 13, 2017, 5PM EST

Innovation Partnership: Procurement by Co-Design is a unique program that offers healthcare-service providers something rare: the opportunity to participate in the development of innovative solutions before procuring them. In turn, technology and service innovators with scalable business models can gain unprecedented access to end users and validate use cases to remain competitive.

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Analysis: Update to Ontario's Health Sector Payment Transparency Act, By Norton Rose Fulbright

The Ontario Minister of Health and Long-Term Care (the “Minister”) introduced Bill 160:
An Act to amend, repeal and enact various Acts in the interest of strengthening quality and
accountability for patients on September 27, 2017. One of the new enactments is the Health Sector Payment Transparency Act (the “Act”) which will require the reporting of information about financial relationships in the Ontario healthcare system.

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CAAP Company: SYNG Pharmaceuticals and Their Newest Advisor Featured in Kingston News Site

Former MP for Kingston and the Islands Ted Hsu has been spending lots of time with his family since leaving politics behind in 2015, but now he is ready to take on a new challenge.

Hsu is the newest member of SYNG Pharmaceuticals, a Kingston-based company that is looking to help diagnose and treat endometriosis.

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Funding Announcement: Ontario Genomics' Genomic Applications Partnership Program (GAPP)

Ontario Genomics iannounced that Round 10 of their Genome Canada’s Genomic Applications Partnership Program is now open.

The Genomic Applications Partnership Program (GAPP) funds public-private research collaborations focused on developing genomics-derived technologies that address opportunities and challenges identified by industry, government, not-for-profits or other “Receptors” of genomics knowledge and tools.

EOI forms are due to Ontario Genomics on November 13th, 2017 at 9 am ET.

Information and Application

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Canadian Space Agency Information Session, Oct 26 2017 In Toronto

The Canadian Space Agency (CSA), in partnership with the National Research Council of Canada's Industrial Research Assistance Program (IRAP), wishes to engage the biomedical, health and performance communities as well as space stakeholders to help identify potential Canadian health and biomedical roles in human deep space missions, and explore new ways to collaborate to improve the innovation process in both space and terrestrial health.

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OBIO Member Companies Featured at Invictus Games' Accessibility Innovation Showcase

Congratulations to several current and previous OBIO member companies that proudly displayed their cutting edge technologies at the Invictus Games' Accessibility Innovation Showcase. The event featured companies whose technologies help improve the lives o fpeople with disabilities. The Showcase was an official event of the 2017 Invictus Games, and highlighted innovative assistive technologies and devices through interactive exhibits. 

The Invictus Games is an international Paralympic-style multi-sport event, created by Prince Harry of Wales, in which wounded, injured or sick armed services personnel and their associated veterans take part in sports.

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Interface Biologics Enters the Neurology Market with 510(k) Clearance of Arkis BioSciences® CerebroFlo™ EVD Catheter with Endexo® Technology

TORONTO, ONTARIO Sept. 26, 2017 - Interface Biologics, a privately held, commercial stage company developing innovative material science technologies that save lives and improve patient outcomes, is pleased to announce that Arkis BioSciences® has received 510(k) clearance from U.S. Food and Drug Administration (FDA) for its exclusive CerebroFlo™ EVD Catheter with IBI's Endexo® technology.

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Lumira Capital Leads $7M Series A Financing of Edesa Biotech

MARKHAM, ON, Sept. 20, 2017 Edesa Biotech Inc., a clinical-stage private company announced today the completion of a $7 million Series A financing.  The internationally syndicated investment was led by Lumira Capital and included participation from Pharmascience Inc., Inveready Technology Investment Group and a number of Canadian family offices.

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OBIO Companies Featured in Toronto Life's “Welcome to the new Silicon Valley” Issue

Several OBIO member companies were featured in the September Issue of Toronto Life, which covered the companies and their founders who are making Toronto the "New Silicon Valley". Among those profiled were Komodo OpenLabs' Tecla-E, which makes it possible for almost everyone to use a smartphone, as well as MediSeen, which aims to bring back the 'house-call' for patients with non-emergency issues.

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CAAP Company: Proteorex Presents at IndieBio's Demo Day

IndieBio is the world’s largest biotechnology accelerator, and Proteorex presented as part of the Batch 5 Cohort. The company is is developing small molecule drugs for challenging targets implicated in diseases with the highest unmet need. 

The presentation was delivered in San Francisco this September 14th by Dr. Marc Adler, Co-Founder and Technology Director of Proteorex.

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Mars Innovation and Evotec Ag Establish Academic Bridge “Lab150” in Toronto

MaRS Innovation and Evotec AG today announced the launch of “LAB150”.  This transformational Toronto-based partnership will give Canada access to the world-class infrastructure and drug discovery expertise of Evotec, and pair it with cutting-edge drug discovery projects emerging from the 15 Member institutions of MaRS Innovation.

Lab150 is a joint effort by MaRS Innovation and Evotec AG selection and acceleration of early-stage drug discovery projects originating from leading academic institutions and teaching hospitals in Toronto (Canada)

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