May 2, 2024

OBIO® MEMBER UPDATE

First procurement under OBIO's Life Sciences Critical Technologies & Commercialization (LSCTC) Centre of Excellence

In a significant advancement for patient care, Voyce, a leading provider of real-time medical interpretation services, together with Hamilton Health Sciences (HHS), recently announced their successful collaboration in enhancing communication for non-English speaking patients.

Voyce was adopted with the support of OBIO’s Life Sciences Critical Technologies & Commercialization (LSCTC) Centre of Excellence after a successful evaluation was completed through the Early Adopter Health Network (EAHN™) program. These interpretation services ensure that every patient, regardless of their native language, receives the care and understanding they deserve.

Read the press release

First OBIO®-TIAP project to receive support under Critical

Technologies program

Toronto Innovation Acceleration Partners (TIAP) recently announced that it will provide ScarDx, an emerging company developing revolutionary fibrosis imaging software, with significant funding to support technology development and executive advisory services under its Critical Technologies Program.

 

As part of Ontario’s provincial Critical Technologies initiative, TIAP has partnered with OBIO® to offer this new support to accelerate the health science industry’s use of 5G and advanced networks, blockchain, cybersecurity, ethical artificial intelligence (AI), quantum, and/or robotics; and is delivering the ‘De-Risking of Emerging Technologies and Venture Creation’ funding stream of OBIO’s ‘Life Sciences Critical Technologies & Commercialization (LSCTC) Centre of Excellence’ which is supported by the Government of Ontario.

Learn more

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Upcoming OBIO® Events

Today, May 2

Workshop

The Ultimate Interview Prep Workshop

Click for details

May 9

Workshop

How to Make your Biotech Data AI ready

Click for details

Meet the OBIO® team there

Today, May 2 I Toronto

AUTM Canadian Region Meeting 2024

Click for details

Today, May 2 I Toronto

Womxn in Data Science Conference

Click for details

May 7 I Toronto

International Conference on Aging, Innovation and Rehabilitation and pitch competition

Click for details

May 8 I Toronto

TMX Life Sciences Investor Day

Click for details

May 14 I Toronto

Growing and building an early-stage AI venture in life sciences

Click for details

May 15 I Toronto

LSO Awards Gala

Click for details

May 16 I Toronto

TRBOT's Life Sciences Breakfast Series: Attracting Capital Investment and Anchor Companies

Click for details

*Deadline approaching*

Health Science Technology Training for

Software and Data Professionals

Applications are open for the second cohort of our national upskilling program! This training program addresses the shortage of multidisciplinary tech professionals in the health science industry by integrating traditional software skills with industry-specific knowledge. It also connects participants with potential employers and provides exposure to new and innovative practices to prepare them for a role in the health science industry. 

*Applications open until May 17*

Enrolment space is limited and eligible candidates will be selected on a rolling basis.

Apply now

Announcing new graduates of the first cohort of the OBIO® Health Science Technology Training

We are thrilled to announce the graduation of the first cohort of the OBIO® Health Science Technology Training for Software and Data Professionals. This upskilling program equips top-tier professionals with the digital technology skills required in the fast-evolving health science sector – regulatory frameworks for digital health technologies, software development in health science, cybersecurity & privacy, data management, AI & ML applications, and concepts.


Our graduates have more than three years of experience in various industries, and now possess enhanced skills that position them to step into high-demand roles and drive innovation in the health science sector. 


Ready to hire from this talented pool of industry-ready candidates? Connect with us!

Digital Skills for Youth Wage Subsidy Program 

As an employer, you can take advantage of BioTalent Canada’s Digital Skills for Youth (DS4Y) wage subsidy program to support your recruitment efforts for these roles, which offers up to $24,000 to support you team’s growth and advance digital innovations in the health science industry. 

Learn more and apply

How to make your biotech data AI ready

Live Workshop / May 9 / 12–2:30 pm EDT

The workshop, hosted by Scispot in partnership with OBIO®, is designed specifically for biotech companies aiming to become

AI-ready. The workshop is an opportunity to engage with leading experts who will guide you through the creation of a robust data infrastructure, crucial for establishing a competitive edge and fully leverage AI technologies in your operations.

Register now

Pitching opportunity at FemTech Breakfast Club

*Applications open until May 8*

Cap Inclusive and FemTech Canada are launching a 2024 series of pitch competitions around innovations in women's health (FemTech). The FemTech Breakfast Club is a dynamic platform that unites incubators, accelerators, and investors in a common mission – to uplift FemTech innovators aiming to secure Pre-Seed or Seed funding. The FemTech Breakfast Club will travel across Canada to find one winning FemTech company per city. The Toronto event will take place on June 21.

OBIO® is an event partner for the Femtech Breakfast Club. The Toronto winner will win one year of OBIO® membership and the top five companies will receive one-hour coaching sessions.

Apply now

Community News

Forcen closes $8.35 million CAD in funding to develop its touch-tech for robots

Toronto-based robotics sensing company Forcen has closed an $8.35 million CAD funding round as it looks to scale up its prototype production facilities. The all-equity round closed in February and was co-led by Brightspark Ventures and BDC Capital’s Deep Tech Venture Fund with participation from Garage Capital, MaRS IAF, and returning investors including EmergingVC. Forcen will use the investment to support more customers and continue developing its force sensing technology for robots.

Forcen is an alumnus of our CAAP® program.

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Front Line Medical Technologies achieves CE marking for transforming aortic occlusion

Front Line Medical Technologies Inc., an innovator in trauma care medical devices, recently announced the attainment of CE marking for its COBRA-OS (Control of Bleeding, Resuscitation, Arterial Occlusion System). This milestone broadens their innovative medical device's market presence.

Front Line Medical is an alumnus of our EAHN™ and WiHI programs.

Learn more

KA Imaging's inCiTe 3D X-ray Microscope to support orthopaedic research at the University of Waterloo

X-ray equipment manufacturer KA Imaging has announced the installation of a unit of the inCiTe™ 3D X-ray Microscope at the University of Waterloo. The inCiTe™ 3D X-ray Microscope is the first commercial system that utilizes BrillianSe™, a patented high spatial resolution amorphous selenium (a-Se) detector exclusively developed by KA Imaging Inc.


The new system is installed in the new Orthopaedic Mechatronics Laboratory, co-led by Dr. McLachlin and Dr. Naveen Chandrashekar. It supports interdisciplinary research interests in studying bone and joint tissue mechanics and interfaces at the microstructural level.

KA Imaging is an OBIO®member, an alumnus of our BDSP™, CAAP®, EAHN™ and H2BB™ programs, and presented at the OBIO® Investment Summit.

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Membio's bioreactor technology acquired by ABEC

Membio’s bioreactor technology has been acquired by ABEC, a leading global supplier of stainless steel and single-use integrated solutions and services for biopharmaceutical manufacturing. When brought to market, this technology will give customers a significant advantage in manufacturing their cellular products.

Membio is an alumnus of our BDSP™ and WiHI programs.

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Nanostics receives funding from the University of Alberta Innovation Fund

Nanostics Inc., a precision health company developing diagnostic tests with its ClarityDX® platform technology, recently announced that it received an investment from the University of Alberta Innovation Fund (UAIF) to help propel adoption of Nanostics' ClarityDX® test in North America. The ClarityDX Prostate test, launched in Canada in September 2023, is available to patients from Nanostics' accredited clinical laboratory in Edmonton, Alberta.


This innovative blood test, which uses biological data, clinical information, and machine learning models to generate a risk score for aggressive prostate cancer, marks a significant advancement in prostate cancer screening. It provides critical support to men and their healthcare providers in making more informed decisions about whether additional screening is required following a high prostate-specific antigen (PSA) test result.

Nanostics Precision Health presented at the OBIO® Investment Summit.

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USask’s Vaccine and Infectious Disease Organization receives $30 million from Government of Canada

USask’s Vaccine and Infectious Disease Organization (VIDO) will receive $30 million in construction funding to strengthen Canada’s preparedness for emerging infectious diseases and to become Canada’s Centre for Pandemic Research. This funding for VIDO supports building a new animal housing facility and upgrading key areas to containment level 4 (CL4), the highest level of containment. VIDO has some of the most advanced high-containment research and development capacity in the world, aimed at protecting the health of Canadians and Canada’s agriculture sector. 

VIDO presented at the OBIO® Investment Summit.

Learn more

Industry News, Events & Funding Opportunities

May - November 2024 events

ICAIR Conference

May 6-7

Hosted by the KITE Research Institute at the University Health Network and

co-presented by the Rehabilitation Sciences Institute, University of Toronto, International Conference on Aging, Innovation & Rehabilitation (ICAIR) is a platform for scientists, clinicians, and entrepreneurs seeking to reinvent care.

Learn more

Life Sciences

Investor Day

May 8 I Toronto

Join the event to hear presentations from some of the most innovative public and private life sciences companies from across Canada. Detailed agenda and list of companies will be announced soon.

Register now

Get ready for

BIO 2024

May 8 I 2 pm EDT

Join this insightful webinar tailored for small to

mid-sized companies attending BIO 2024. This webinar will guide you through the essentials of crafting a robust Intellectual Property (IP) strategy and highlight the lucrative benefits it brings to your business.

Register now

Catalyst Cyber Challenge

Info session I May 8

Cyber Challenge is an innovative program that puts industry-identified cyber challenges in front of startups for them to solve. This session will give an overview of the Challenge Program, and focus on the first two challenges - automotive and life sciences.

Register here

Growing & building an early-stage AI venture in life sciences

May 14 I Toronto

The event will bring together industry leaders, founders, investors, and academics in the AI field in life sciences to discuss the latest insights and strategies for

early-stage AI ventures in life sciences.  

Learn more

LSO Awards Presentation

May 15 I Toronto

The LSO Awards are an important part of the

organization’s goal to advocate for Ontario’s life sciences sector, by celebrating the individuals and companies behind its success.

Register now

Obtain funds for R&D with SyngeriQc

Deadline: May 15

SynergiQc facilitates biopharma innovation by consolidating public-private partnerships between university researchers and Quebec companies, to generate economic benefits for Quebec. Contact the team for more info.

Learn more

Connect-Pharma

May 23

CQDM is looking for

world-class research to develop novel and efficient approaches for obesity and metabolic disorders therapeutics to present to domain experts from leading

global pharmaceutical organizations on CQDM Connect-Pharma: Pitch Day.

Learn more

Cybersec and Infosec Europe 2024

May 27 - June 7

The mission to Cybersecurity and Infosecurity Europe 2024 represents a unique opportunity for innovative Ontario ICT companies to get introduced to potential clients, partners from UK, Belgium, and across Europe.

Register now

UTEST Applications

Deadline: May 30

The UTEST Program is announcing its annual call for research-based UofT and affiliated research hospital companies. UTEST can provide start-up companies with investment/funding opportunities, intense entrepreneurial education corporate and intellectual property legal support,

and more.

Apply now

Funds for drug discovery research

Deadline: May 30

CQDM's program, Quantum Leap, helps Canadian SMEs and universities carry out innovative translational research projects in biopharmaceuticals. The selected projects aim to develop cutting-edge technologies with a significant potential impact on the R&D activities of CQDM's pharmaceutical members.

Learn more

Annual TC3 Research and Innovation Symposium

May 30 I Toronto

This is an opportunity to network, showcase your research, and gain insights from the new career panel! Whether you're a researcher, trainee, innovator, or simply curious about the latest advancements in cannabinoid research, this symposium is the place

to be.

Register now

Applications open for CanExport SMEs funding program

Deadline: May 31

This program provides up to $50,000 (matching your contribution) to small and medium-sized enterprises (SMEs) registered in Canada for international business development activities. Applications are processed on a first-come, first-served basis.

How to apply

Advancements in Life Sciences Sector: Cell and Gene Therapy

in Canada

June 3 I San Diego

Clinical Trials Ontario, Life Sciences Ontario, and OBIO® are bringing industry and research leaders together for an event at the 2024 BIO International Convention discussing Cell and Gene Therapy in Canada.

Register now

Discounted rate for OBIO® network to RESI Conference

June 17 I Barcelona

Register to save up to €500 on registration with the "tech hub & constituents" rates.

OBIO® members receive these rates on registration up until the event. Contact the

team here.

Learn more

The Age of AI

Deadline: June 18

At this event, industry leaders from Roche, Takeda, AstraZeneca, Klick Health, EY, PAAB, DLA Piper, and many more will share how AI is creating exponential business and brand value. Know how to enhance the value you provide to healthcare professionals and patients with AI.

Register now

BioCreate cohorts

4 & 5 are open!

Deadline: June 23

The BioCreate program is now open to SMEs in southern Ontario looking to commercialize genomics and engineering biology enabled products and/or technologies in the health, food and agriculture, and cleantech sectors at a Technology Readiness Level (TRL) of 4+.

Learn more

LSO Golf Classic

August 14 I Brampton

This event provides an important and engaging environment for the life sciences community and supports crucial programs, including LSO's policy and advocacy work, and mentorship programs. 

Register now

ON Trade Mission to

BIO-Europe

Nov – 4-6 I Stockholm

Delivered in collaboration with the Trade Commissioner Service and BIOTECanada, the mission program will include registration for

BIO-Europe, networking, and more. For more info, contact Patrick Barry.

Apply

Science Horizons Youth Internship

The program helps

bio-economy, healthcare, and environmental employers hire the talent they need and helps graduates gain skills to secure full-time employment. For further info, please contact

 Jennifer Ash.

Learn more

EY Entrepreneurial Winning WomenTM North America

The program annually identifies a select group of high-potential founders who have built profitable companies and provides them with connections and vast resources needed to think bigger and sustainably scale their companies to

full potential.

Learn more

Regional Development Program

The program supports eligible SMEs investing in new equipment and training to expand operations in these regions, and also provides support to municipalities and economic development organizations investing in economic development projects. 

Learn more

Career Starter Program

The Career Starter Program facilitates the transition of barriered youth into the labour market. It bridges the gap between talent and industry, introduces participants to bio-economy as a viable career path, and enables employers to strengthen their workforce.

Learn more

Calling companies to collaborate with Mayo Clinic

Medical Alley is working with the Mayo Clinic to source company partnerships in two areas: surgical innovations and artificial intelligence.

Contact Frank Jaskulke for more info.

Learn more
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