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Health Research - Investing in Canada's Future 2004-2005

Commercialization

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The Canadian Institutes of Health Research (CIHR) is the Government of Canada's agency for health research. The Government of Canada, through CIHR's dynamic and innovative commercialization strategy, invested $7 million in 2004-05 in helping researchers take their discoveries a step closer to market.

The innovation index

Transforming today's discoveries into tomorrow's health care solutions

CIHR works in partnership with Canadian researchers and the private sector to commercialize the results of publicly funded research right here in Canada, taking research from the laboratory to the marketplace. The result is that advances that save lives and reduce the economic burden of illness are available to Canadians more rapidly. At the same time, commercialization of Canadian research discoveries adds fuel to our economic engine, generating new enterprises and high-quality jobs for Canada's highly qualified workforce.

CIHR has provided support to researchers in many different areas:

Building Canada's life sciences companies

While many CIHR-funded researchers partner with others to commercialize their discoveries, some have founded their own companies to take their discoveries forward.

In the pipeline... The business of science

Uncovering the mysteries of molecules to create a new disease therapy is one thing. Transforming that discovery into a commercial product demands an entirely different set of skills - skills researchers are unlikely to develop in their traditional training.

Science to Business (S2B) provides grants to Deans of Business Schools to recruit PhD scientists in health research to participate in a health/biotech stream Masters of Business Administration (MBA). The program will help to develop a cadre of scientifically knowledgeable entrepreneurs and venture capitalists and foster an entrepreneurial culture within the research community. In addition, the Commercialization Management Grants provide support to Technology Transfer Offices and Industry Liaison Offices within Canada's universities and hospitals to recruit recent MBA graduates to work in commercialization management of health related innovations.

Attracting investment

CIHR funding supports researchers in taking their research to the stage where they can attract outside investors. For instance:

About the CIHR Commercialization Strategy

CIHR's innovative and dynamic commercialization strategy is intended to mobilize research, develop people and build partnerships. CIHR is implementing this strategy with a coherent suite of programs - including the Proof of Principle program, Phase I and Phase II - to move research from the academic setting to the marketplace. They build on CIHR's funded research, which yields the new concepts and materials that fuel the cycle of innovation. Over the past five years, CIHR and its partners have invested more than $500 million to discover and move innovative research forward. CIHR is working in collaboration with federal and provincial partners in the private and public sectors in the development of strategic and operating initiatives. Through its focus on commercialization, CIHR is playing a central role in encouraging innovation that will result in solutions to the health problems that concern Canadians most as well as contribute to economic growth, investment and high-quality jobs.

About the Canadian Institutes of Health Research

The Canadian Institutes of Health Research is the Government of Canada's agency for health research. Its objective is to excel, according to internationally accepted standards of scientific excellence, in the creation of new knowledge and its translation into improved health for Canadians, more effective health services and products and a strengthened Canadian health care system. Composed of 13 Institutes, CIHR provides leadership and support to close to 10,000 researchers and trainees in every province of Canada.


Created: 2005-08-31
Modified: 2006-11-23
Reviewed: 2005-08-31
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