The TransMedTech Institute will collaborate with MEDTEQ with the aim of bringing new medical technologies into the Canadian health system by simplifying and accelerating the steps taken by their researchers and the project selection process.

The two organisations are joining forces so they can co-manage collaborative research and innovation projects eligible for funding from both organisations. This co-management will be made possible by the sharing of expertise, infrastructure and human resources. MEDTEQ’s scientific committee will evaluate joint projects as well as projects eligible for TransMedTech funding only.

TransMedTech Institute scientific director Professor Carl-Éric Aubin said: “Our combined skills and expertise will undoubtedly create a value chain, as well as bridges to industry and enable medical technology R&D projects that will have a real impact on society to be implemented more quickly and easily.”

MEDTEQ president and CEO Diane Côté added: “The complementarity of TransMedTech’s research skills, and MEDTEQ’s expertise in establishing the industrial sector in medical technology innovation projects and commercialisation, is certainly a winning formula for research teams, industrial partners, healthcare centres and ultimately the patient.”

The agreement also confirms the implementation of a project co-financing system as TransMedTech and MEDTEQ have developed complementary skills in this field. Their alliance will enable collaborative research and innovation projects eligible for funding from both organisations to be funded first by TransMedTech, and then to access MEDTEQ funding once they have reached a certain level of technological maturity.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.