Province gives $4m to Mac for Biotech project

Hamilton Spectator; By Steven Buist

The Ontario government has announced it will inject $4 million into a high-tech biomedical engineering research centre being proposed for Hamilton.

The new venture will be a partnership between McMaster University and Germany’s Fraunhofer Institute for Cell Therapy and Immunology.

The new centre would be located in McMaster Innovation Park and have a goal of developing and producing specialized therapies to treat cancers and immune-based diseases.

The province’s cash contribution was announced on Monday afternoon at McMaster by Dr. Eric Hoskins, Ontario’s Minister of Economic Development, Trade and Employment.

“It’s no secret that McMaster is known for its cutting-edge life sciences research, and I know that firsthand,” said Hoskins, who obtained both his science and medical degrees from the university.

“When McMaster reaches out globally like this, they’re making economic connections that benefit us all.”   Read the full story at the spec.