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Recently Funded|Amount: USD 117.0M|Industry: Research Services

Stem Cell Network Secures $117M to Propel Breakthroughs in Regenerative Medicine

Stem Cell Network

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2-10 employees employees (Est.)
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The Stem Cell Network (SCN), a leading Canadian not-for-profit organization dedicated to advancing stem cell and regenerative medicine research, is proud to announce a landmark funding achievement, raising an impressive $117,000,000. This significant financial milestone reinforces SCN’s commitment to accelerating life-saving therapies and innovative medical technologies from the laboratory to the clinic. Since its establishment in 2001, with early support from the Government of Canada, SCN has grown remarkably, expanding from a handful of labs to more than 270 world-class research groups engaged in over 250 research projects and 30 clinical trials. The new funds will further empower their mission to support cutting-edge regenerative medicine, foster the development of highly qualified personnel, and enhance the knowledge mobilization and transfer of scientific breakthroughs to practical, clinical applications. The substantial investment will be strategically allocated to expand existing research initiatives and support the creation of new projects that promise to deliver transformative impact on healthcare delivery. A portion of the funds will bolster infrastructure, ensuring that SCN remains at the forefront of global science while fortifying collaborative networks across academic institutions, biotechs, and clinical settings. Additionally, the funding will nurture the training and mentorship of the next generation of scientists, healthcare professionals, and innovators, essential for sustaining long-term advancements in regenerative medicine. This achievement not only underscores the confidence and ongoing commitment from the government and other partners, following previous milestones like the $45 million investment for 2022–2025 and subsequent support through the Strategic Science Fund, but it also marks a pivotal moment that will drive forward the boundaries of science for the benefit of all Canadians and beyond.
May 16, 2025

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