Canada Prime Minister Justin Trudeau places emphasis on biological approaches being the future of medicine as he broadcasts government funding for establishment of the Center for Advanced Therapeutic Cell Technologies. See video of his announcement and key points below!
Key Points Include:
- Trudeau announces a $20 million grant to the Center for Commercialization of Regenerative Medicine (CCRM), to create a Toronto-based facility dedicated to development of new stem cell therapies
- CCRM, partnered with GE Healthcare, will establish the Center for Advanced Therapeutic Cell Technologies, which will be the first facility of its kind to use a collaborative approach between research institutions and industry to solve problems in cell therapy manufacturing
- With the biotechnology industry projected to expand exponentially within the next decade, the new center ought to position Canada as a major contributor to the global stem cell market
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