Thunder Bay, ON – The federal government says it will provide $14.7 million in funding for the Thunder Bay Regional Health Sciences Centre (TBRHSC) for the establishment of a Molecular Medicine Research Centre. The new centre will bring together top researchers with state-of-the-art facilities, provide high-quality training, and develop leading-edge research programs in support of cancer, cardiac and neurology research.
The $44.1 million project will be managed as a joint venture partnership between TBRHSC and Sunnybrook Health Sciences Centre, with active involvement of private partners, led by Philips Medical Systems (a division of Philips Electronics).
The funding will be used to support the salaries of a scientific director, career scientists and technical support staff; help purchase core research, IT and laboratory equipment; and support contracted professional services to assist with the establishment of the Molecular Medicine Research Centre.
Canada will achieve global competitiveness through innovative, multi-sector partnerships like the MMRC, where support of excellence in discovery research can align with, and capitalize on, industry investment,” said Dr Michael Julius, vice-president of research, Sunnybrook Health Sciences Centre.