Research & development
New brain R&D institute launched in
TORONTO – A new
brain institute is being established in Ontario. The Ontario Brain
Institute will bring the province’s top brain researchers together with
people who know how to commercialize good ideas. Together, they will
turn healthcare discoveries made in the lab into products and services
to help people who are affected by brain diseases and disorders.
The province is providing $15 million in start-up funding over the next
three years for the new institute, which will create jobs, reduce health
care costs and improve the quality of life for Ontario families.
Premier Dalton McGuinty made the announcement at Sunnybrook Health
Sciences Centre in Toronto, which will serve as the central hub of a
network of research and development facilities making up the Ontario
The Ontario Brain Institute will help the province’s life sciences
companies win a bigger share of the global market for products that
support patients with brain diseases and disorders.
One of the Ontario Brain Institute’s first international partnerships
will be with Israel. Premier Dalton McGuinty met with Israeli president
Shimon Peres during a trade mission in May 2010, at which time Peres
proposed a joint Israeli-Ontario “virtual institute” on brain research.
The Ontario Brain Institute is part of the government’s Open Ontario
Plan to export our expertise to the world, create jobs and provide
Posted December 2, 2010