Ontario’s advanced manufacturing Supercluster announces first project

Aug 21 16:08 2019 Print This Article

The Next Generation Manufacturing (NGen) Supercluster announced on Wednesday that it has approved its first project as part of the federal government’s Innovation Supercluster Initiative.

The project aims to mass produce treatment for cancers and rare diseases, with NGen touting it as a way to position Canada as a leading manufacturer of therapy tools for genetic disorders.

“This project … will drive innovation in the treatment of diseases and genetic disorders.”

On hand for the announcement, made at MaRS Discovery Centre in Toronto, was Navdeep Bains, minister of innovation, science and economic development (ISED). He called the project “an important first step” and “game-changer” that has the potential to save lives.

 

“The NGen Supercluster is just getting started establishing Canada as a global hub for the world’s most advanced manufacturing,” Bains said. “Without immediate and targeted action that builds upon Canada’s existing strengths, we risk falling behind in the global innovation race. This project … will drive innovation in the treatment of diseases and genetic disorders once considered untreatable.”

Read More

About Article Author

Betakit

BetaKit is a new publication dedicated to providing original, real-time reporting and analysis of emerging technology news and global innovation. Built by the team behind Sprouter.com, BetaKit draws upon an established community of over 80,000 emerging technology founders who are building the next big thing.

Related Items

Canadian startup news of the week (09/15/19)

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If you prefer this update hit your inbox every week, make sure to subscribe to the BetaKit Newsletter using the form at the bottom of this page. T ...

The LawBytes Podcast, Episode 24: A Tribute to Ian Kerr

The first episode of the new season of the Lawbytes podcast is dedicated to my good friend and colleague Ian Kerr, a giant in the law and technology field, who passed away on August 27th after battling complications arising from cancer. Ian’s generosity, warmth, and good humour touched the lives ...

OrbCare is bankrupt and looking for a buyer after misrepresented finances and debt

Healthtech startup OrbCare is in debt to the point of insolvency, according to documents obtained by BetaKit. This news comes just six months after OrbCare announced a $2 million seed funding round led by iGan Partners. iGan is providing a $1.2 million loan to help keep OrbCare afloat as it looks t ...

Bad battery, good synapse from Stanford University

A May 4, 2019 news item on ScienceDaily announces the latest advance made by Stanford University and Sandia National Laboratories in the field of neuromorphic (brainlike) computing, The brain’s capacity for simultaneously learning and memorizing large amounts of information while requiring littl ...

Did HOOPP Exploit the Danish Tax System?

Zach Dubinsky of CBC News reports that Ontario health-care workers' pension has up to $430M at stake in Danish tax dispute:One of Canada's largest pension funds has been hauled into court in Denmark in a dispute about whether it improperly claimed hundreds of millions of dollars in tax rebates on D ...

Fossil Fuel Ad Campaigns Emphasize 'Positives' After Climate Science Denial PR Lands Industry in Hot Seat

Read time: 7 mins This story is part of Covering Climate Now, a global collaboration of more than 250 news outlets to strengthen coverage of the climate story.   Public relations experts keep a careful eye on the multitude of ways that PR can go wrong: tracking the year’s biggest “PR blunde ...

Newfoundland and Labrador Teachers’ Pension Plan bouncing back under JSPP model

Rewind to August 2015. The Newfoundland and Labrador Teachers’ Pension Plan was underfunded on both a solvency and going-concern basis, at 43.7 per cent ... ...

Next36 startup Correly acquired by Ottawa-based GenM

Toronto-based startup Correly, which provides a platform that streamlines product demos, has been acquired by Ottawa-based GenM. Terms of the deal were not disclosed. Correly’s platform allows companies to browse and click with customers on the same screen, and calculate how engaged customers wer ...

Want a Real Energy Transition? Start a War

Over the weekend, exposed oil fields and processing facilities in the Kingdom of Saudi Arabia were bombed by drones. Suddenly, almost 6 million barrels-a-day of the world’s oil supply was taken offline. We haven’t seen this scale of disruption in 40 years, not since the Arab Oil Embargo and the ...

Markets Calm(er)

Overview: Oil prices have stabilized after yesterday's surge.  Both Brent and WTI are holding on to around $7-$8 a barrel gain. Equity markets are mixed.  Some are attributing the losses in Asia Pacific outside of Japan (Nikkei rose its highest level since late April), Korea and Australia to ...

Microsoft’s Exchange Server 2010 has its end of support pushed back by nine months

Microsoft Corp. is pushing back its January 14, 2020 end of support date for Exchange Server 2010 by nine months. In a blog post published this morning, Greg Taylor, Microsoft’s director of product marketing for Exchange, noted the date was changed after “investigating and analyzing the deploym ...