Ontario Collaborates with Med-Tech Innovation Hub in the Battle Versus COVID-19
Assistance available for making business retooling to support the cutting edge
Ministry of Economic Development, Task Production and Trade
TORONTO– The Ontario government is working with Medical Development Xchange (MIX), Canada’s first industry-led hub for med-tech start-ups, to provide non-medical manufacturing business complimentary support as they retool to offer vital supplies and equipment to healthcare centers throughout COVID-19.
With this brand-new collaboration, the government will drive innovation in the sector, create tasks and build Ontario’s domestic medical supply chain to make sure the province is as self-sufficient as possible and prepared for a future health crisis.”Ontario has a few of the best and brightest and innovative people worldwide and it’s crucial that we leverage that advantage to better get ready for the future,” said Vic Fedeli, Minister of Economic Development, Task Creation and Trade. “Our government’s cooperation with Medical Development Xchange members is an example of how we are working together with our innovative organisations to fix issues, grow our medical innovations sector and construct a safer environment for Ontario’s health care centers.”
Non-medical production companies that have received funding through the Ontario Together Fund, or a Purchase Order with the Province of Ontario, can access MIX members’ medical advisory services, including assistance navigating regulative difficulties and increasing efficiencies. By taking advantage of these opportunities, companies can accelerate the shipment of much required medical supplies and products to the cutting edge.
To support the advancement of propositions submitted by organisations and individuals through the Ontario Together web website and help organisations retool their operations, the federal government introduced the $50 million Ontario Together Fund. All submissions received through the website are being reviewed and focused on to concentrate on services that can react to where the requirement is greatest and can be carried out quickly.
“MIX was founded to help young domestic medical technology business navigate the particular challenges in the health care sector,” stated MIX Creator Armen Bakirtzian. “We understand how to be efficient with resources and make the fewest errors while speeding up timelines to construct vital medical materials and equipment.”