Minister tours Munk Cardiac Centre facility that will test new cardiovascular pumps in lead-up to commercialization
October 20, 2014 – Ottawa – Department of Industry
Industry Minister James Moore today toured a new facility at the Peter Munk Cardiac Centre that is central to a joint project with Technion university, based in Haifa, Israel, and that is working to develop new cardiac medical devices that could help improve the well-being of Canadian heart patients.
This important partnership will give Canadian and Israeli researchers and entrepreneurs the chance to take their valuable intellectual property and develop new products and services for the market. It will see Technion develop new cardiac medical devices, with the Munk Cardiac Centre conducting the testing on those devices, with the eventual goal of manufacturing these devices in both Canada and Israel.
This collaboration is an example of the kinds of work encouraged by the new Strategic Partnership agreement between Canada and Israel, announced in January by Prime Minister Harper, which committed to closer ties between the two countries on a number of high-profile issues, including scientific research.
The medical device sector is an emerging sector in the Canadian economy. It offers many great opportunities for new research, innovation and commercialization.
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Office of the Minister of Industry