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Vaughan-based Novel Biotechnology Receives $500,000 in funding from Ontario’s Life Sciences Innovation Fund

The Ontario government is investing $5.5 million to help 11 companies in the life sciences sector develop and launch made-in-Ontario health care technologies and innovations.
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Eleven companies in Ontario, including Novel Biotechnology in Vaughan, will each receive $500,000 to help commercialize their technologies. This investment is part of the province’s $15 million Life Sciences Innovation Fund (LSIF), which was created in 2022 to help entrepreneurs and innovators bring their ideas and prototypes from the lab to the marketplace.

Full Article: news.ontario.ca