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SORICIMED TO SELECT PARTNER IN 2016

Via Entrevestor.com admin July 23, 2015

Via Entrevestor.com

Assuming all goes well with its Phase 1 trials this year, Sackville, N.B.-based Soricimed Biopharma Inc. expects to select a major drug-maker as a partner with which it can take its flagship product Soricidin through Phase 2 trials.

Click here to read the full article at Entrevestor.com.

SOR-C13 is a peptide, or a naturally occurring biological molecule, that binds to TRPV6, a calcium channel found in a cancer cell and deprives the cell of calcium, thereby killing the tumour. Soricimed hopes to establish that it is an effective means of treating cancer with minimal suffering for the patient.

The company is now conducting trials with about 20 patients in Hamilton and London, Ont., and Houston, Texas. The company expects three more patients will enroll in the trials, which are due to finish this summer. The goal is to gain Phase 1 approval from both Health Canada and the U.S. Food and Drug Administration.

Phase 1 trials are designed to establish that a drug is safe for use in humans. The next step to bringing the product to the market will be Phase 2 trials, which are far more costly and aim to prove the drug’s efficacy.

“Our goal from the beginning was to partner with someone after Phase 1 and that is still the goal,” said CEO Paull Gunn in a recent interview. “They would be in on the finishing of Phase 2 and Phase 3 and getting the product to market.”

Soricimed began earlier in the century when Mount Allison University professor Jack Stewart – now the Chairman and Chief Scientific Officer – discovered interesting medical properties in the saliva of the northern short-tailed shrew. After further research, Stewart’s team isolated the key compound in the saliva and learned that among other things it could be used to treat cancer.

They have also discovered that the drug binds to TRPV6 in tumours in such a way that it can become a delivery system for other drugs. What that means is that Soricidin will be able to take drugs inside cancer cells and release them in direct contact with the cancer. It’s a more targeted approach to fighting cancer. It could treat the disease by targeting low doses of an anticancer agent directly to a tumour, thus reducing harmful side effects of other remedies.

It could also mean a relatively quick path to market. If Soricimed establishes that its drug is safe in humans, it could carry any approved drug, meaning this partnership with another drug could be used before SOR-C13 goes through all three phases of drug trials.

The company so far has raised $16 million dollars (about half of it equity investments from angel investors) to get to the Phase 1 trials. Phase II trials are known to cost hundreds of millions of dollars, so the company has been in touch with about 20 major pharma companies, some of whom have signed non-disclosure agreements. “The last piece [of data] they want is the Phase 1 result,” said Gunn.

Meanwhile, Soricimed will continue to raise money as it must fund the operations until it finally signs a deal with its partner.

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DAL RESEARCHER INVENTS CHEMO DELIVERY SYSTEM THAT MINIMIZES IMPACT ON HEALTHY CELLS

Dalhousie Medicine New Brunswick researchers Dr. Puvvada & Dr. Keith Brunt worked in collaboration on the drug delivery system admin July 23, 2015

A researcher at Dalhousie Medical School has developed a new way to deliver chemotherapy drugs. Using nanotechnology, the novel system releases chemo in cancerous cells only, leaving healthy cells alone. The work was recently published in Nature’s Scientific Reports.

Dr. Naga Puvvada, a postdoctoral fellow at Dalhousie Medicine New Brunswick (DMNB), created the drug delivery system. He worked in collaboration with DMNB’s Dr. Keith Brunt and researchers in the United States and India.

The research team designed a nano-particle that increases the amount of chemotherapy delivered to a tumour, and releases chemo only once inside tumour cells. This minimizes the impact on healthy tissue.

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Only with the high level of acidity created by tumours does the nano-particle become activated – it then enters the cancerous cell and breaks open. As the nano-particle releases its chemotherapy, it undergoes a colour change, known as photo-switching. This photo-switching enables researchers to determine how much of the chemo has been released and can be used to identify the presence of tumours.

“What ‘s unique about our design is the potential clinical translatability of our fluorescent photo-switching, as it could help determine the amount of chemotherapy being released,” says Dr. Puvvada. “We still have some work to do before this is used in the clinic as the fluorescence is not currently picked up by MRIs or CTs. This is one of the next steps in our research.”

While the research was based on human breast cancer cells, it has the potential to be applied to any solid tumour.

“This new delivery system, while it is in its early stages, is promising for patient-tailored therapy in personalized medicine,” says Dr. Brunt, assistant professor in the Department of Pharmacology. “The potential to improve the quality of life for solid tumour cancer patients and their overall outcomes is within reach with this type of targeted, measurable treatment.”

The research was funded by the New Brunswick Health Research Foundation, the Reynolds Fellowship, and the Canadian Natural and Engineering Research Council.

Click here to view the official press release at www.dal.ca.

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NB COMPANY BIOPOLYNET NAMED A WINNER OF INNOVATIVE SAND & WATER TECHNOLOGIES GRAND CHALLENGE

Powering Collaboration Judge Panel Choose 5 Cash Prize Winners admin July 21, 2015

Fredericton-based Biopolynet has been named one of the 5 cash prize winners for the Innovative Sand & Water Technologies Grand Challenge, Topic 1: Reduced Use of Sand in Onshore Operations.

Energy giants Statoil and GE teamed up for the award in an effort to find new ways of dealing with sand in shale gas production. The Sand Challenge looked to explore new ways of reducing the environmental impact of transporting sand and water used in the production of onshore hydraulic fracturing operations. The winning solutions have the potential to reduce the environmental impacts on local communities, lessen emissions and make energy production more efficient.

Each of the 5 winners will receive an initial cash price of $25,000 and will be eligible to receive additional funding from a prize pool of $375,000. Click here to learn more.

Biopolynet has a product that makes fluid more viscous, thus increasing its ability to support a solid. This would counteract the tendency for proppants to settle, making the proppant potentially more effective. It also makes the proppants slightly ‘sticky’ helping the particles to adhere to the surface of fissures in the formation.

Click here to learn about the other 4 winners.

Biopolynet’s technology has applications for oil & gas, agriculture, forestry, mining and quarrying, vineyards, iron ore pellet production, and more. Click here to learn more about Biopolynet.

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CANADIAN TECHNOLOGY ACCELERATOR RECRUITING LIFE SCIENCES COMPANIES FOR FALL 2015/WINTER 2016

Programs in Boston, Philadelphia, San Francisco, and Paris admin July 17, 2015

“We’re looking for Canadian SMEs with a drive to accelerate their growth in the US and globally!”

The Canadian Technology Accelerator Initiative (CTA) provides Canadian high-growth market-ready companies support to access global markets and entrepreneurship services within the Information and Communication Technologies (ICT), Life Sciences, and Sustainable Technologies industries. It is managed by the Canadian Trade Commissioners Service with support from BDC Capital.

The CTAs offer 3-8 month programing abroad, with access to industry expertise and mentorship, regular engagement with the Trade Commissioner Service and shared office space in a local accelerator.
Multiple CTAs are currently recruiting Canadian life sciences companies for Fall 2015 programing in Boston, Philadelphia, San Francisco, and Paris.
Benefits of the CTA
  • Mentorship from industry leaders, partners and Trade Commissioners in market
  • Access to free office space within existing international business accelerators* (not offered in virtual programs)
  • Support in accessing financial resources, engaging strategic partners, and refining business models for global market opportunities
  • Greater exposure to global partners and opportunities to pursue clients

Qualifications

Applicants must demonstrate:

  • Product ready for market
  • Differentiated technology
  • Traction in the market place
  • A potential to scale, and
  • Can demonstrate the qualifications of the management team

Application Process

Click here for full program and recruitment details.

For more information on the CTA Initiative please contact your regional Trade Commissioner Service Office, or visitwww.tradecommissioner.gc.ca/CTA.

 

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ATLANTIC CANADA ENTREPRENEURS FIND THEIR BIOTECHNOLOGY NICHE AT INTERNATIONAL CONFERENCE

admin July 17, 2015

Fredericton, New Brunswick (July 17, 2015) – Twenty organizations including five Atlantic Canada biotechnology companies and four research organizations are attending the 2015 BIO World Congress on Industrial Biotechnology in Montreal, with the support of funding from ACOA and the four Atlantic provincial governments. The outgoing mission is supported through the Canada/Atlantic Provinces Agreement on International Business Development (IBDA) and coordinated by BioNB under the umbrella of the Atlantic Canada Bio-Industries Alliance.

The outgoing mission to World Congress on Industrial Biotechnology will facilitate a coordinated regional presence at one of the world’s most significant annual conferences on industrial biotechnology. “This event is a natural fit to explore opportunities with our region’s biomass and waste streams,” says Meaghan Seagrave, Executive Director of BioNB.

At World Congress, BioNB will coordinate activities around providing a concierge service to Atlantic Canadian delegates, facilitating matchmaking meetings, providing booth space for displays and business-to-business meetings. The Congress also offers the opportunity to network and form new research and business partnerships through hosted events like the Atlantic Canada Networking Breakfast and a partnered event featuring executives from multinational corporations who will talk about strategic supply chain opportunities.

“This conference is strategic in that many of the opportunities in biotechnology, life sciences and medical technologies in our region originate from industrial-based biotechnology and our natural resources, adds Seagrave.

In addition to supporting BIO World Congress, IBDA is funding an incoming bio-partnering mission for up to 26 bio based companies in Atlantic Canada. During the incoming bio-partnering missions, Atlantic Canada biosciences organizations can meet with other international companies to help with new product development, talent recruitment, investment opportunities, export opportunities and collaboration on research and development. Many of the incoming missions this year will build on successful international business development activities that have taken place over the past several years, including regional attendance at BIO World Congress on Industrial Biotechnology in Montreal, QC. BioNova is coordinating the recruitment for the incoming Atlantic biopartnering missions for the current fiscal year under the umbrella of the Atlantic Canada Bio-Industries Alliance.

The biosciences sector in Atlantic Canada is composed of over 200 companies and 30 research organizations ranging from established operations with global reach to newer startups seeking new markets and expertise. The sector includes all science- and technology-based products and services related to human health, natural resources as well as certain segments of the animal health industry. The major industry segments covered are pharmaceuticals (including vaccines), medical devices and laboratory instruments, health information technology, bioproducts, bioenergy and biofuels and natural health products.

 

Quick facts

Last year’s BIO World Congress on Industrial Biotechnology brought together delegates representing 45+ countries. Eleven Atlantic Canada companies and researchers participated in last year’s event in Philadelphia, PA. This event is an important tool for companies and researchers who are pursuing commercial and research opportunities within this sector. This event is a strategic fit for New Brunswick and the region in terms of the bioscience sector as was evidenced by the Atlantic contingent and the organizations that work with and support them.

During fiscal 2014-2015, 18 incoming life sciences missions were completed under the Atlantic biopartnering project funded by IBDA, yielding 92 export or market development activities.

Canada enjoys a low cost research and manufacturing base, ranking second in the G7 for clinical trials operation and in cost-effectiveness in the establishment and operation of manufacturing facilities.

In Canada, 44 percent of university spin-offs (firms created by universities and staff to commercialize their intellectual property) are in the biotechnology and life-sciences sector.

The IBDA is a federal/provincial agreement between the Government of Canada (ACOA, Foreign Affairs, Trade and Development Canada, and Industry Canada) and the four provincial governments in Atlantic Canada and is designed to help Atlantic Canadian businesses enter, explore and succeed in international markets. The IBDA is a key component of a pan-Atlantic effort to foster business relations, attract foreign investment and nurture technological co-operation.

 

Associated Links

–          BIO World Congress on Industrial Biotechnology

Participants at 2015 BIO World Congress on Industrial Biotechnology

 

–          Atlantic Canada Opportunities Agency

–          Atlantic Council for Bioenergy Cooperative

–          BioEnergy Inc.

–          BioNB

–          BioNova

–          BIOPolynet

–          College Communautaire du Nouveau-Brunswick Biorefinery Technology Scale-up Centre

–          Complete Senergy Systems Inc.

–          Dalhousie University

–          Développement Innovation Saint-Quentin Inc. (DISQ)

–          Innovacorp

–          National Research Council Canada

–          National Research Council Canada – IRAP

–          New Brunswick Department of Agriculture Aquaculture and Fisheries

–          Nova Scotia Business Inc.

–          Opportunities NB

–          Origin Xtractions Ltd.

–          PEI BioAlliance

–          Semintha Nutraceuticals

–          University of New Brunswick

 

About BioNB

BioNB is the trusted bioscience authority in New Brunswick for government, industry, and media, translating and communicating the business opportunities behind the science in a highly technical sector. BioNB builds and enhances new and existing businesses, supports technology transfer from public institutions and the private sector, and works to build a community and enhance collaboration among sector stakeholders.

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THE BIOINNOVATION CHALLENGE (BIC) IS BACK FOR 2015!

admin July 16, 2015

Good advice is hard to come by and this is an opportunity not to be missed.

BIC is your opportunity to capitalize on valuable coaching and exposure for your new, innovative life sciences idea while competing for funds and services to help you grow.  This year’s event has a cash prize, an in-kind services package and enhanced pitch training to support early stage ventures in the region.

The semi-finals will be held the day prior to BioPort Atlantic on October 27, 2015.  The top three qualifiers from the run-off will advance to the final to be held during the BioPort Atlantic conference on October 28, 2015.
Download the application for training dates and all the details or go to:
BioInnovation Challenge 2015 – APPLY TODAY!

2015_16 BioInnovation Challenge

 

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ACCEPTING APPLICATIONS: UNB MASTER OF TECHNOLOGY MANAGEMENT AND ENTREPRENEURSHIP (MTME)

Do You Want to be Building Your Dream, or Someone Else’s? admin July 9, 2015

UNB’s Master of Technology Management & Entrepreneurship (MTME) could help you launch a successful business. It will give you the tools and support you need – you just need to supply the energy and enthusiasm.

If you have a degree in science, computer science, or engineering, and an idea you think may have potential, check it out atwww.unb.ca/mtme or contact mtme@unb.ca. Starts September 2015.

The MTME is not an academic exercise that will have you working on contrived projects and learning about long-dead companies; it’ll have you working on and working in your business. You’ll receive guidance articulating your vision and help charting the right course. You’ll get all the support and encouragement needed, and after 12 months, when the training wheels come off, you’ll have a broad network of people to contact when you want advice, or just need to talk to someone who’s been there – leading a successful company.

There’s a reason Industry Canada ranked UNB number one in teaching and learning entrepreneurship and Startup Canada recognized UNB as the most entrepreneurial post-secondary institution in Canada. Contact the MTME team and they’ll connect you with one of their Technology Management & Entrepreneurship graduates – ask them anything; they’d love to help you make the right decision. Or check out what some of them have said by visiting their testimonials page.

The MTME team is passionate about helping you build your dreams.

Contact: mtme@unb.ca.

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EMPLOYMENT OPPORTUNITY: LABORATORY TECHNICIAN, HUNTSMAN OCEAN SCIENCES (IMMEDIATE)

The Huntsman Marine Science Centre admin July 9, 2015

The Huntsman Marine Science Centre is expanding its team of technical personnel. We offer a contract position (1 year, renewable) for a technician in our biodiversity and systematic laboratory, starting no later than July 2015. The position has the potential to become permanent.

Responsibilities:

Primarily sample processing and identification of faunal specimens. Data entry and potentially some field work.

Qualifications:

B.Sc. or higher degree, or equivalent experience. Experience in identification of marine plankton and benthic invertebrates, or freshwater benthos, and sediment analysis a definite asset. Proficiency in computer use including spreadsheets, word processing and internet is expected.

Send cover letter and resume with salary requirements to:
HR Office
Huntsman Marine Science Centre
1 Lower Campus Road
St. Andrews, NB
E5B 2L7
Fax: 506-529-1212
Email: huntsman@huntsmanmarine.ca
ONLY THOSE SELECTED FOR INTERVIEWS WILL BE CONTACTED

The Huntsman Marine Science Centre is also seeking a Marine Research Scientist.

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EMPLOYMENT OPPORTUNITY: MARINE RESEARCH SCIENTIST, HUNTSMAN OCEAN SCIENCES

The Huntsman Marine Science Centre admin July 9, 2015

The Huntsman Marine Science Centre (www.huntsmanmarine.ca) is seeking an individual to complement research and management staff at its Atlantic Reference Centre (ARC), located in the historic resort town of St. Andrews by-the-Sea in New Brunswick, Canada (http://standrewsbythesea.ca). The ARC is an externally funded marine research museum with a biodiversity and systematics laboratory, involved in basic and applied research that serves a road clientele including governments, universities and industries, as part of the integrated services program provided by the Huntsman.
The Huntsman is seeking a dynamic scientist who can demonstrate clear evidence of research ability, is team work oriented, can develop and lead contracts and projects, and thrives on creating growth opportunities and meeting challenges in the areas of coastal ecology and biodiversity. Strong organizational skills and a demonstrated ability to implement, manage and successfully complete projects are required. Evidence of scientific/technical skills related to marine habitats and understanding of coastal ecology are assets. University adjunct appointments to foster research collaborations and graduate student co-supervision are also encouraged.
Responsibilities:
Conduct research, write proposals, manage contracts; train and supervise project staff; conduct statistical data analyses and write reports; manage client relations; participate in museum management.
Qualifications and skills:
Ph.D., or equivalent experience, in ichthyology or benthos/plankton biodiversity, broad taxonomic (including morphology-based specimen identification) and marine ecological knowledge, together with strong oral and written communication skills are expected. Demonstrated experience in project development, management and client liaison, particularly relating to environmental assessments involving faunal analysis techniques for diverse takeholders is an asset. Museum curatorial experience is desirable and familiarity with Geographic Information System (GIS) technology and/or molecular taxonomic techniques are also assets.
Applications are being accepted immediately until position is filled (expected fall of 2015). Salary is commensurate with experience. Send single electronic submission with cover letter, CV with names and contact details for three referees (including e-mail and telephone number) to:
HR Office
Huntsman Marine Science Centre
1 Lower Campus Road
St. Andrews, NB
E5B 2L7
We thank all applicants for their interest; however, only those selected for interviews will be contacted. Applicants should indicate current citizenship status. All qualified candidates will be given full consideration.

Centre des Sciences de la mer- Huntsman Marine Science Centre T : 506.529.1200
1 Lower Campus Road, St Andrews, NB Canada E5B 2L7 www.huntsmanmarine.ca

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7 MORE REASONS FOR THE C-SUITE TO CHOOSE NEW BRUNSWICK – FEATURED AT ONBCANADA.CA

by Heather MacLean, Opportunities New Brunswick admin July 8, 2015

by Heather MacLean, Opportunities New Brunswick

Regardless of your role in the C-suite, the organization’s bottom line is always top of mind. To ensure that bottom line is where you need it to be, having access to a skilled and motivated workforce, lower cost inputs, and new market opportunities, while also getting to market faster and reducing risks are essential.

Read the full article at ONBCanada.ca.

In New Brunswick, the opportunities are waiting and better yet, there is a team ready to support your expansion. In addition to this support, here are seven more reasons for the C-suite to choose New Brunswick.

ATLANTIC INNOVATION FUND

If your business develops new technologies in New Brunswick, you could get financing to cover up to 75% of eligible costs, if you are seeking between $500,000 and $3,000,000.

Contributions are conditionally repayable based on the commercial success of your project.

Conditions and timing of the calls for funding proposals may vary throughout the year. Please see the website for details.

SMALL AND MEDIUM INDUSTRIAL PROGRAM

Another way to reduce costs is through New Brunswick’s small and medium industrial plan. If you spend $300,000 on energy for your industrial company, and at least half of it is used for processing operations, you could get financing to help you become more energy efficient. You could get support to cover up to 50% of the costs of two separate studies:

  • Up to $15,000 to find ways to save energy
  • Up to $30,000 to build a business case to carry out energy efficient projects

You could also get another $50,000 ($20 per gigajoule saved) to complete the energy saving projects. Other conditions apply.

BUSINESS DEVELOPMENT PROGRAM

By growing your business in New Brunswick, you could access interest-free loans to finance viable projects that benefit the region.

Loans cover:

  • Up to 50% of costs related to start-up, growth, construction or acquisition of a building, machinery, equipment, infrastructure, and intangible assets.
  • Up to 75% of the cost of marketing, training, productivity/quality improvement, innovation, consultation, bidding, and business proposal development.

Ineligible sectors include:

  • retail/wholesale
  • real estate
  • personal/social services

COMMUNITY BUSINESS DEVELOPMENT CORPORATIONS

Planning to locate your business in a rural part of New Brunswick? If so, you could get up to $150,000 for your business.

The following kinds of loans are available:

  • Up to $150,000 for young entrepreneurs to start, buy or modernize a business
  • Up to $150,000 to buy, develop or implement new technology
  • Up to $150,000 to buy, start or improve a business

*Please note, in certain circumstances, CBDCs can provide financial assistance that exceeds $150,000 per eligible borrower.

AQUACULTURE LOANS AND LOAN GUARANTEES

Businesses in the fisheries and aquaculture industry wishing to expand their operations in New Brunswick could be eligible for a loan to buy equipment or buildings, or for construction, and/or a loan guarantee for inventory and feed for your aquaculture business. To be eligible you must:

  • Have a viable business plan that demonstrates demand for your product
  • Have good aquaculture knowledge and business skills as well as good credit history
  • Have some assets to secure the loan
  • Invest or have invested an acceptable amount of equity in the business

Other conditions apply.

EMPLOYER WAGE INCENTIVE – WORKFORCE EXPANSION

As you grow your business, different wage incentives are helpful in your business lifecycle. Your business could receive temporary wage reimbursements when you create permanent jobs or annually recurring seasonal jobs for unemployed individuals. Priority will be given to employees from the following groups:

  • Aboriginals
  • Recent post-secondary graduates
  • Social assistance recipients
  • Persons with disabilities
  • Older workers
  • Visible minorities
  • Newcomers

Other conditions apply.

WAGE INCENTIVE — ONE-JOB PLEDGE

New graduates offer a great fresh perspective in the workplace. Sometimes you need a little help in getting new graduate hires up to speed in your business. With the One-Job Pledge, you could get a reimbursement of 70% of wages, up to $10 per hour for a maximum of 40 hours per week, to hire a recent post-secondary graduate. You must:

  • Be a private sector company, non-profit organization, or First Nation
  • Have a job opening that will lead to a permanent full-time position
  • Be approved for the program before hiring
  • Hire someone within 30 days of approval
  • Pay a minimum of $14 per hour for at least 30 hours per week

Other conditions apply.


Want to learn more? Click here to connect with one of Opportunity New Brunswick’s Business Development Executives.

Written by Heather MacLean

Awarding-winning marketing and communications practitioner. In a previous life I headed up the Community Team with Radian6 (a.k.a salesforce.com). My content can be found on InNetwork, bitly.com, Business to Community, Yahoo Small Business, and many many more places.

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