Grants and Contributions:

Title:

MNC Collab - IPSACCI - Development of In- Process Seal Assurance Solution for Pharmaceutical Container Closure Integrity

Agreement Number:

1025388

Agreement Value:

$500,000.00

Agreement Date:

Nov 4, 2024 - Jul 29, 2025

Description:

As part of Multinational Corporate Collaboration Program, the project IPSACCI will focus on developing a new technology called the Seal Assurance Platform that incorporates new container twin sensor hardware and software. The PoC has been tested with a Global Pharmaceutical Partner but there are several novel aspects that need to be researched, developed and trialed before the product can be validated and commercialized. Successfully completing this project will position SmartSkin’s solution to be eligible for use in 95% of capper lines at multinational locations versus only 25% today. This is a multi-million dollar opportunity at our Global Pharma Partner and opens a new market opportunity valued at over $200M.

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

Fredericton, New Brunswick, CA E3B 1E3

Reference Number:

172-2024-2025-Q3-1025388

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

858248669

Recipient Type:

For-profit organization

Recipient's Operating Name:

Smart Skin Technologies

Recipient's Legal Name:

Smart Skin Technologies Inc.

Federal Riding Name:

Fredericton

Federal Riding Number:

13003

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

335990