News Releases


Investment in Biotech Research Consortium Supports Improved Health, Quality of Life

Marseille, France, 10/27/2004

Ontario Helps Fund International Biotechnology Research

Economic Development and Trade Minister Joseph Cordiano announced today that Ontario will provide $200,000 to the International Regulome Consortium (IRC) to help create a world-class biotechnology research consortium. The outcome of this venture could lead to vast improvements in the fight against debilitating diseases.

Minister Cordiano made the announcement at the European Biotechnology Crossroads Show, in Marseille, France. The conference, from October 27 to 29, brings together biotech's key players from around the world.

"Collaboration between scientists, research institutions, companies and governments will unlock new discoveries and lead to improved health and quality of life for all people," said Cordiano. "We have had extremely productive discussions with the government of France and French researchers that will advance partnership work on this groundbreaking research."

Dr. Michael Rudnicki, Senior Scientist at the Ottawa Hospital Research Institute, is leading this groundbreaking collaboration among scientists in Canada, the United States, France, Italy, the Netherlands, the U.K., Australia, Germany and Singapore.

"Ontario is working hard to reinforce its position as one of the top jurisdictions for biotechnology in North America," Cordiano said. "We will continue to build on our existing research and development capacity and strengths to keep our province at the forefront."

For more information:

Declan Doyle
Minister's Office

Dino Rocca
Communications Branch

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