FedDev Ontario Invests $4 Million to Expand Drug Discovery at McMaster University
Hamilton Business Review
“McMaster University has received $4 million in federal funding to upgrade and significantly expand its drug discovery infrastructure.
With the new investment from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), McMaster’s Global Nexus will establish the Centre for Collaborative Chemistry (C3) on campus.
Global Nexus, a health innovation accelerator that addresses the challenges of translating and commercializing health-relevant discoveries, will leverage C3 to not only fast-track university drug discovery and development, but also to support similar research at small and medium-sized enterprises (SMEs).
‘Supporting Canada’s life sciences sector is crucial for driving innovation and improving healthcare outcomes here in Canada and around the world,’ says Filomena Tassi, the minister responsible for FedDev Ontario.“
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