Grants and Contributions:

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Title:
514176
Agreement Number:
514176
Agreement Value:
$92,000,000.00
Agreement Date:
Apr 1, 2021 - Jul 31, 2025
Description:
Funding to continue to grow adMare's pipeline of promising health technologies and create new spin-off companies and train highly qualified personnel in the biopharmaceutical industry.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:

Through the activities undertaken with the contribution, adMare aims to achieve the following results:(a) Canada's life sciences sector is strengthened through the creation and scale-up of life sciences companies in Canada; (b) Promising Research in the life sciences sector and health technology are de -risked, advanced and translated into commercial and therapeutics opportunities in Canada; and (c) Highly qualified personnel are trained with cross-disciplinary business and scientific skills to drive economic growth in Canada's life sciences sector.

Location:
Vancouver, British Columbia, CA V6T1Z3
Reference Number:
033-2021-2022-Q4-514176
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
790529937
Recipient Type:
Not-for-profit organization or charity
Additional Information:

2021/22 to 2025/26,

Recipient's Operating Name:
adMare BioInnovationsBioInnovations adMare
Recipient's Legal Name:
adMare BioInnovations / BioInnovations adMareBioInnovations adMare
Federal Riding Name:
Vancouver Quadra
Federal Riding Number:
59039
Program:
Centre for Drug Research and Development
Program Purpose:

The objectives of the contribution to CDRD are to:a) Make research discoveries more attractive for clinical development and commercialization;b) Provide research and training for building the pool of industry-ready highly qualified personnel;c) Fuel and strengthen the reputation of Canada's life sciences community, and attract investment.

NAICS Code:
541710