Moving MAT Products from Innovation to

Invoice

OCN and Federal Labs MeetingDecember 12, 2006

Jennifer Woods

htx.ca – The Health Technology ExchangeBased at Innovation Synergy Centre in Markham (ISCM)

htx.ca - The Health Technology Exchange (HTX) has one over-arching goal: To accelerate the development of the Medical and Assistive Technologies sector.

HTX Service Offerings

$1,000,000

$500,000

Research & Development

Commercialization & Market Development

Funded by the Ontario Ministry of Research and Innovation

Ontario MAT Profile28%

16%

6%50%

Medical Assistive

Diagnostic Imaging

How We Connect•R&D Programs

•Export Alliance

•Information Exchange

•Education Program partnerships

•MAT Canadian Inventory

•MAT funding opportunities

•How to: Roadmaps (i.e. Competitive Intelligence, Government Funding, Regulatory approval)

Distinctiveness – From Innovation to (International) Invoice

• Exclusive focus on MAT segment

• Address full spectrum of value creation:– Applied research

– Product evaluation

– Commercialization

– Company creation

– International market readiness

• Serve needs of entire community of MAT entrepreneurs, researchers and innovative companies

• Utilize a team-based approach relying on virtual networks, a web portal and client driven culture

Research & Development Programs

• HTX:CIHR 2006-07 R&D Program• HTX:OCE 2006-07 Business Partnership

Program (ORCP Pilot)• HTX:CIHR 2007-08 SME Program• HTX:OCE:IRAP 2007-08 Business Investment

Program (ORCP)

HTX:CIHR 2006-07 R&D Program• RFA Release – September 2005• Development and Commercialization of Medical and Assistive Technologies by Ontario R&D Teams: Reducing Waiting Times or Enhancing Service Throughputs – R&D Program -2006-2007• Funding up to $127,500 per project with CIHR:HTX matching nominally 1:2• 9 Projects Funded HTX -$736,603 CIHR - $244,602 Business Cash - 118,500 Business In-kind $626,914 Total Contributions: $1,726,619

– RFA Released December 2005– Theme: Convergent Technologies – ICT and MAT– Funding up to $100K/project– SME applies

• Brings academic partner or HTX facilitates partnership• 7 projects Funded • Peer Review

OCE - $194,500 HTX - $389,000 Business Cash - $213,100 Business In-kind - $540,332Total Contribution - $1,336,932

HTX:OCE 2006-07 Business Partnership Program (ORCP Pilot)

HTX:CIHR 2007-08 SME Program• RFA Release – September 2006• Development and Commercialization of Medical and Assistive Technologies by Ontario R&D Teams: Reducing Waiting Times or Enhancing Service Throughputs – SME Program -2007-2008• Funding up to $127,500 per project with equal amounts from HTX, CIHR and Business (Business contribution can be 25% cash and the rest in-kind)• 2 Stages: LOI and Full Proposal (8 LOIs received and invited for Full Proposals)• Peer Review Teams

– Theme: Convergent Technologies – ICT and MAT– Funding up to $100K/project– SME applies

• Brings academic partner or HTX facilitates partnership

• 2 Stages: EOI and Full Proposal (33 EOIs received – 14 invited to submit Full Proposal)

• Peer Review

HTX:OCE:IRAP 2007-08 Business Investment Program

Convergence of information based disciplines and medical and assistive technologies. The goal is to drive advances in healthcare and healthcare delivery systems with increased efficiency and effectiveness.

•MOU – Ontario/Israel•Government of Israel funding commitment•Round table discussion – Winter 2007•Program outline and Launch – Winter 2006-07•Project Start Dates – Spring 2007

HTX:CIIRDF:OCE – MAT Convergence Initiative

Canada’s Top 10 Life Sciences Awards 2006-07 Competition

Nephrologix Inc. (Toronto, ON)www.nephrologix.com/

Rimon Therapeutics Ltd. (Toronto, ON) www.rimontherapeutics.com

Investment Forums

Boston, MA – January 30-31, 2007

New York, NY – February 1-2, 2007

San Francisco, CA – TBA

San Diego, CA - TBA

www.htx.ca

HTX can help to connect you!