Grants and Contributions:

Title:
Product and Business Development of Novel Lipid Molecules for Drug and Vaccine Delivery.
Agreement Number:
989820
Agreement Value:
$25,000.00
Agreement Date:
May 1, 2022 - Dec 31, 2022
Description:
Rane Pharmaceutical has been actively involved in lipid manufacturing since 2016. During the recent Covid-19 pandemic, some novel lipid molecules became the key ingredient in developing mRNA and DNA-based vaccines against Covid-19 (SARS-CoV-2). There is also an increased interest in expanding the mRNA/DNA-based therapies into developing novel drugs for cancer and other rare diseases. We plan to meet this increased demand by developing our large-scale production capacity and investing in additional resources (Scientist / Business development and Infrastructure) to create rare and novel lipids. Dedicated business development staff will be hired to develop strategies to expand and reach international markets.
Organization:
National Research Council Canada
Expected Results:

The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.

Location:
Edmonton, Alberta, CA T6E 5V2
Reference Number:
172-2022-2023-Q1-989820
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
737930321
Recipient Type:
For-profit organization
Recipient's Legal Name:
Rane Pharmaceutical Inc.
Federal Riding Name:
Edmonton Mill Woods
Federal Riding Number:
48017
Program:
Industrial Research Assistance Program – Youth Employment Program
Program Purpose:

The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.

Coverage:
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
541720