Prime Minister Justin Trudeau backs commercialization of stem cell research by U of T and partners
Researchers are “pushing the frontiers of science and innovation,” Trudeau says, but “we must do more to prevent diseases.”
Alan Christie, with files from Tyler Irving
Professor Peter Zandstra, seen here with Prime Minister Justin Trudeau, U of T President Meric Gertler and Minister of International Trade Chrystia Freeland, is the new executive director of Medicine By Design (all photos by Johnny Guatto)
Regenerative medicine is the way of the future for Canadian health care, Prime Minister Justin Trudeau says, and two new initiatives are helping strengthen the commitment of U of T and its partners to stem cell research and manufacturing.
Trudeau announced at the MaRS Discovery District on Jan. 13 that the federal government will give a $20 million grant to the Centre for Commercialization of Regenerative Medicine (CCRM) to establish and operate a new Centre for Advanced Therapeutic Cell Technologies.
At the same time, Vivek Goel, vice-president, research and innovation at U of T, announced that ProfessorPeter Zandstra, chief scientific officer for the CCRM, has become the inaugural director of Medicine by Design.
The CCRM is the commercial arm of Medicine by Design, a program created last year through a $114 million grant from the federal government.
Read more about Medicine by Design
The Prime Minister said he has “great respect” for scientists involved in stem cell research, not only because of what they are doing for the health of Canadians but how “they are pushing the frontiers of science and innovation.”
The bottom line, he said, is that “we must do more to prevent diseases” and the collaboration between public institutions like U of T and its partner hospitals, the private sector and government is crucial in “accelerating the development” of stem cell manufacturing technologies.
GE Healthcare is also committing $20 million to the new centre. Kieran Murphy, CEO of GE Healthcare’s life sciences business, said in a news release that “it is increasingly clear that cell therapies and regenerative medicine will transform health care globally, but successful industrialization is now crucial to widespread adoption.
“This new centre,” Murphy said, “will enable us to work with cell therapy companies to push beyond existing technical limits and problem-solve. Toronto’s concentrated and collaborative clinical infrastructure, combined with the strong guidance of the internationally-renowned CCRM, make it an ideal location for the centre.”
It is expected that the global market for cell-based therapies will surpass $20 billion U.S. by 2025. The main targets for cell-based therapies are cancer, heart disease, neurodegenerative diseases, musculoskeletal disorder and autoimmune diseases.
Trudeau noted that the new centre will be the first in the world to use a collaborative approach between research institutions and industry to solve cell therapy manufacturing challenges. He said the centre will create jobs, strengthen Canada’s knowledge economy and position Ontario as a global hub for the cell therapy industry.
“Regenerative medicine is the future,” Trudeau said. “Not only is it the future, it's a branch of medicine that Canada and the province of Ontario are actually quite good at.”
The mandate of Medicine by Design is to undertake transformative research and clinical translation in regenerative medicine, enhance capability in synthetic biology and computational biology and foster translation, commercialization and clinical impacts.
It was formed as a result of the University of Toronto’s success in the Canada First Research Excellence Fund (CFREF). The $114 million will be spread over seven years, and will allow U of T and its partners to build on years of support for U of T’s regenerative medicine researchers from federal granting councils, the Canada Foundation for Innovation and support from the Canada Research Chairs and Canada Excellence Research Chairs programs.
Zandstra will lead and provide over-all scientific direction to the Medicine by Design initiative. May, CEO of the CCRM, said the new centre is a “significant milestone” in the fight to find cures for diseases and to create companies that will bring those cures to the marketplace.
And he reminded everyone that the incredible advances in stem cell therapy and its application “trace back to the discovery of stem cells 65 years ago” by U of T scientists James Till and Ernest McCulloch.
See more photos from the tour
Posted Wednesday, January 13, 2016
CCRM
Faculty of Applied Science & Engineering
Health
IBBME
Medicine by Design
Peter Zandstra
Prime Minister
Stem Cells
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