The Ontario government will invest up to $9.7 million to support the Ontario Bioscience Innovation Organization (OBIO) project, assisting life sciences companies in adopting crucial technologies like 5G, ethical AI, blockchain, cybersecurity, quantum, and robotics.
OBIO, a not-for-profit representing life sciences, will receive funding to establish a Life Sciences Critical Technologies & Commercialization Centre of Excellence.
Maura Campbell, OBIO’s CEO, expresses gratitude for the funding, driving Ontario’s life sciences growth by adopting, developing, and commercializing critical technologies.
The province’s Critical Technology Initiatives program aims to boost tech adoption, foster innovation, and enhance global competitiveness.
Written by: K. Milhomens
