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TBI Press Releases
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Hope for Life Science Companies in times of Economic Uncertainty
Toronto, ON, March 27, 2009. The Biotechnology Initiative (TBI) would like to credit Premier Dalton McGunity and Minister of Research and Innovation John Wilkinson for their quick response to the looming economic uncertainty by the creation of the Emerging Technologies Fund. Ontario is the fourth largest life science cluster in North America and the current economic crisis poses a challenge for emerging companies in raising venture capital due to tightening credit markets. Companies will be forced to move, be sold or shut down if there is no funding available.
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Research on using high frequency ultrasound to test the effectiveness of cancer therapies wins Thornhill students entry to National Biotech Competition
Ground-breaking research by three Grade 12 students from St. Elizabeth Catholic High School has earned the first place prize in the 2009 Sanofi-Aventis BioTalent Challenge (SABC) in the Greater Toronto region.
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