Federal Government Invests in Stem Cell Research

Federal Government renews investment in stem cell research with $12 million awarded to the Stem Cell Network

March 22, 2016 (Ottawa) – The Stem Cell Network (SCN), Canada’s key means of pursuing excellence and global leadership in translational stem cell research, has been awarded continued funding, worth $12 million, through 2018. The announcement was made today by the federal Minister of Finance in his budget presented to the House of Commons.

“On behalf of over 200 regenerative medicine researchers, and 2000 trainees that have gone through the Stem Cell Network training programs over the past 15 years, we would like to thank the Government for their vision and clarity in recognizing the importance of investing in Regenerative Medicine research, said Executive Director, Philip Welford.

“The Stem Cell Network exemplifies all the attributes of a successful network,” said SCN Scientific Director Dr. Michael Rudnicki. “Canada boasts some of the world’s leading stem cell researchers, this investment will capitalize on the strengths of these researchers built up through 15 years of investments.”

“We have facilitated collaborations, leveraged increased investment in the stem cell field and built an engaged and dynamic research community. Our vision for the future is to continue the translation of basic research into health treatments and better health outcomes for all Canadians.”

About the Stem Cell Network:
The Stem Cell Network, established in 2001, brings together more than 130 leading scientists, clinicians, engineers and ethicists from universities and hospitals across Canada. The Network supports cutting-edge projects that translate research discoveries into new and better treatments for millions of patients in Canada and around the world. Hosted by the University of Ottawa, and the Ottawa Hospital Research Institute (OHRI), the Stem Cell Network is one of Canada’s Networks of Centres of Excellence. For more information on the Stem Cell Network, please visit www.stemcellnetwork.ca.

 

Media contact:
Cate Murray
Director, Communications & External Affairs
Telephone: 613-739-6673
Email: catemurray@stemcellnetwork.ca