The Ontario government announces that it is investing $5 million through the Ontario Wet Labs Program (OWLP) to support the outfitting of a new wet lab housed within the University of Ottawa’s Advanced Medical Research Centre (AMRC). The wet lab is meant to support the work undertaken by the AMRC’s Ottawa Health Innovation Hub and is expected to support the creation of more than 750 jobs, driving economic growth across the region.“Ontario’s life sciences sector is a key driver of the province’s economy, which is why our government is playing an active role in backing strategic investments that support its long-term success,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “The outfitting of the University of Ottawa’s Advanced Medical Research Centre and Ottawa Health Innovation Hub are an important next step in ensuring that our province has the critical wet lab infrastructure needed to unlock commercialization, foster research collaboration, and create the conditions for more Ontario-made breakthroughs.”Wet labs are specialized research facilities where researchers work with chemicals, biological matter and other materials in controlled environments, driving innovation in fields like biotechnology and pharmaceuticals and fuelling economic growth. OWLP’s deployment at the AMRC’s $16 million Ottawa Health Innovation Hub will support research collaboration, commercialization and entrepreneurship by providing shared wet lab space with access to equipment, advanced biology tools and business support.“Research taking place at Ontario’s colleges and universities is propelling our key industries forward, creating jobs and saving lives,” said Nolan Quinn, Minister of Colleges, Universities, Research Excellence and Security. “Our government’s investment to support a new wet lab at the Advanced Medical Research Centre and Ottawa Health Innovation Hub at the University of Ottawa will ensure Ontario remains an epicentre for life science innovation, so that the people of Ontario benefit first and foremost from discoveries made in our own backyard.”The wet lab, located at the AMRC, will reportedly be the first initiative funded through the OWLP, with the project hoping to generate $130 million in revenue and investments by 2032, according to the Ontario government in a statement. The Ontario government also stated that part of its ‘Life Sciences Strategy‘ includes establishing the province as a global biomanufacturing and life sciences hub.“This investment underscores Ontario’s commitment to building a world-class life sciences ecosystem that brings together the university, the health care providers and industry partners,” said Marie-Eve Sylvestre, President and Vice-Chancellor of the University of Ottawa. “The Advanced Medical Research Centre, alongside the Ottawa Health Innovation Hub, will address urgent infrastructure and talent needs and accelerate the commercialization of made-in-Ottawa health innovations. Together, they will fuel economic growth, attract investment, and improve patient care through cutting-edge research and innovation.” (ICE TORONTO)

Fonte notizia: https://www.canadianmanufacturing.com/