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OICR Makes Equity Investment in Medical Information Company
Date:10/12/2010

ved PARAT software into new markets.

Funding from OICR is provided through its Intellectual Property Development and Commercialization Program, which provides seed funding for late stage academic projects that meet specific market-oriented criteria. The PARAT technology was chosen for funding in part because it advances OICR's commitment to the prevention, early detection, diagnosis and treatment of cancer.

About OICR

OICR, based in Ontario, Canada, is a new, innovative cancer research & development institute dedicated to prevention, early detection, diagnosis and treatment of cancer. The Institute is an independent, not-for-profit corporation funded by the Government of Ontario through the Ministry of Research and Innovation. OICR has 300 scientific staff (located at its headquarters and in research institutes and academia across the Province of Ontario) and an $85 million annual operating budget. It has key research efforts underway in small molecules, biologics, stem cells, imaging, genomics, informatics and bio-computing, from early stage research to Phase I clinical trials.

For more information, please visit the website at www.oicr.on.ca/commercialization.


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SOURCE The Ontario Institute for Cancer Research
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