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Sunnybrook awarded $6.91M to accelerate new heart disease & cancer therapies

Sunnybrook Research Institute, along with Western University and 19 private sector partners, is the beneficiary of nearly $7 million in funding awarded recently by the federal government's Economic Development Agency (known as FedDev). The money will go to developing four imaging technologies Sunnybrook has been working on, and will help accelerate plans to bring those technologies to market.

The medical imaging tools in question have a range of diagnostic and therapeutic applications in the treatment of cancer, strokes and heart disease, and specifically will help facilitate the use of non-invasive treatment methods. These include ultrasound surgery to target and destroy tumours, early monitoring of the effectiveness of chemotherapy, and using magnetic resonance imaging to guide surgeons as they unblock arteries.

In awarding the grant, local MP John Carmichael says the government hopes to help "develop new technologies that will increase the competitiveness of the medical imaging industry in Canada, help diversify our economy, and create high-value jobs."

These tools will also help provide more efficient and in many cases more comfortable health care, increasing the number of procedures that can be done on an out-patient basis and speeding up recovery times. The funding will provide both research and business support as the partners work towards the commercialization of these technologies.

Writer: Hamutal Dotan
Source: John Carmichael, MP, Don Valley West
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