TRIUMF Innovations and the Centre for Probe Development and Commercialization to Receive up to $35 Million in Funding for their Canadian Medical Isotope Ecosystem
The Canadian Medical Isotope Ecosystem will support the development, production, advancement and distribution of isotopes, and position Canada as an international medical isotope powerhouse
- Vancouver, British Columbia, and Hamilton, Ontario--(Newsfile Corp. - June 27, 2023) - TRIUMF Innovations and the Centre for Probe Development and Commercialization (CPDC) today announced they will receive up to $35 million in funding for the creation of the new Canadian Medical Isotope Ecosystem (CMIE).
- Over the term of the funding, CMIE is expected to launch three high-demand medical isotopes and related drug products into the marketplace.
- "Our government is proud to partner with CPDC and TRIUMF Innovations as part of our Biomanufacturing and Life Sciences Strategy to create the Canadian Medical Isotope Ecosystem.
- With TRIUMF Innovations' focus on commercialization, we are pleased with this new level of support for medical isotope commercialization from Minister Champagne and the Canadian government."