Financing For The Construction Of A Precision Medicine Centre In New Brunswick
August 17th, 2016
Over $26 million will be invested in the University of Moncton to build the New Brunswick Precision Medicine Centre. Located near the University’s Moncton campus, the new centre will highlight the University’s strength in biomedical research and provide space for the incubation of new businesses. It will become the province’s first transdisciplinary clinical health research centre.
The federal government has promised $10.5 million of funding, while the New Brunswick government will provide $5.25 million to the project. The University and other partners will contribute $ 10.7 million to ensure the realization of the project. This investment will be used to build the centre and to renovate the Faculty of Science.
The investment was announced today by the Minister of Fisheries, Oceans and the Canadian Coast Guard and Leader of the Government in the House of Commons, Dominic LeBlanc, on behalf of the Minister of Innovation, Science and Economic Development, Navdeep Bains, and the Premier of New Brunswick, Brian Gallant. President and Vice-Chancellor of the University of Moncton, Raymond Théberge, stated “In addition to its important economic contribution to the region, the Precision Medicine Centre will enable our researchers to better understand the genetic, proteomic and metabolic changes caused by diseases and responses to treatment. Researchers, faculty and students of the University of Moncton will put their knowledge to the test in modern facilities tailored to their needs. This is a great day for health research in New Brunswick.”
This investment will give students, teachers, and researchers the opportunity to conduct some of the most advanced research in the country in state-of-the-art facilities. They will work in settings customized to encourage their continuous learning and development, and, in close collaboration with their partners, will be able to translate their discoveries into concrete products and services. In doing so, they will prepare to fill – and create – future middle class jobs with high added value. Their findings will foster the emergence of a new generation of innovators.
The New Brunswick Precision Medicine Centre will bring together the research efforts of many researchers from the University and our main research partners (Atlantic Institute for Cancer Research, Vitality Health Network, New Brunswick Medical Training Centre, Horizon Health Network, and Mount Allison University).