NRC — Human Health Therapeutics Research Centre
Highlights
This program is designed for businesses like yours, offering a unique opportunity to advance your research and development in biologics. Why should you apply? This program provides access to cutting-edge facilities and multidisciplinary expertise, helping you accelerate the development of innovative biologics from discovery through clinical trials.
What’s in it for you?
- Access to advanced biotechnology processes for developing vaccines and therapeutics.
- Collaboration opportunities with industry experts, hospitals, and academia.
- Support for preclinical R&D with small-scale manufacturing and testing capabilities.
- Bioprocess R&D to improve production processes and scale-up.
- Production of clinical trial material in compliance with good manufacturing practices (GMP).
How will being approved help you? By joining this program, you will benefit from a streamlined path to clinical trials, reducing time and costs associated with bringing new biologics to market. The program is designed to be accessible, ensuring that qualifying businesses can easily take advantage of these resources.
Financing Details
Type of Financing: Loan
Repayment Terms and Interest Rates:
- Repayment Term: Up to 10 years.
- Interest Rate: Fixed interest rate of 3.5% per annum.
Eligible Expenses:
- Research and development costs.
- Equipment purchases.
- Facility upgrades.
- Salaries for research staff.
- Clinical trial expenses.
Use of Funds:
- Funds cannot be used for:
- Marketing and advertising expenses.
- General administrative costs.
- Debt repayment.
- Non-research related travel.
Fees:
- Application Fee: $200.
- Annual Administration Fee: 1% of the loan amount, included in the interest rate.
Qualifications
- Must be a business involved in the development of biologics.
- Must be located in Canada.
- Must have the capability to collaborate with industry, hospitals, health networks, academia, or government.
- Must be engaged in activities such as the design, development, and testing of biologics.
Must have the ability to produce clinical trial material in compliance with good manufacturing practices (GMP).
Disqualifications:
- Businesses not involved in biologics development.
- Businesses located outside of Canada.
- Businesses without the capacity for collaboration with specified entities.
- Businesses not engaged in the production of clinical trial materials.
Description
This program offers your business access to technical and advisory services, research facilities, and licensing opportunities. These resources can help you develop innovative biologics, such as vaccines and therapeutics, derived from living organisms.
You can use these services to design, develop, and test new biologics. This includes everything from generating high-potential candidates to improving bioprocesses and producing clinical trial materials. The program supports you through the entire development process, ensuring you have the expertise and facilities needed to succeed.
By participating, your business can advance personalized and off-the-shelf biologics like cell and gene therapies. This can lead to breakthroughs in treating complex health challenges such as emerging infections, cancer, and neurological diseases. This is a valuable opportunity to collaborate with experts and accelerate your projects, ultimately benefiting both your business and public health.
Program Steps
Gather Required Documentation: Prepare the necessary documents for your application. You will need:
- Business plan
- Financial statements (balance sheets, income statements)
- Proof of business registration
- Details of intended use of funds (e.g., project proposals, quotes for equipment or services)
Complete the Application Form: Fill out the application form provided by the program. Ensure all sections are completed accurately and thoroughly.
Submit Supporting Documents: Attach all the required documentation to your application form. Make sure everything is organized and clearly labeled.
Contact Program Representatives: Reach out to the program's contact persons for any clarifications or assistance needed. Use the provided email addresses or phone numbers.
Review and Finalize Application: Double-check your application and supporting documents for completeness and accuracy. Ensure all information is up-to-date and correct.
Submit the Application: Send your completed application and all supporting documents to the designated submission address or portal.
Follow Up: After submission, follow up with the program representatives to confirm receipt and check the status of your application.