COMMERCIALIZING WORLD-CLASS CANCER INNOVATION
Seeding and scaling Ontario’s premiere entrepreneurial ventures for patients and the economy.
KEY SUCCESSES
Our investments have resulted in significant partnerships, clinical trials, job creation and leveraged financing for the province.
RECENT NEWS
Keep up to date on our investments and business developments in recent news stories and summaries.
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Hyivy Health raises seed financing to modernize pelvic rehab to improve recovery from gynecological and colorectal cancers
September 27, 2024 – Hyivy Health announced the closing of a seed financing round to advance their game-changing Pelvic Health Rehabilitation System. Hyivy will now complete clinical trials and seek regulatory approval allowing their technology to benefit patients recovering from gynecological and colorectal cancers. Read More from Hyivy Health raises seed financing to modernize pelvic…
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Radiant Biotherapeutics reaches milestone to advance its new class of therapeutics against complex cancers
September 11, 2024 – FACIT seeded start-up, Radiant Biotherapeutics (“Radiant”), announced the closing of Series A financing to advance the company’s proprietary multi-specific therapeutics for patients with complex cancers. Radiant’s unique multi-valent antibody platform, called Multabody™, generates best-in-class antibodies with superior potency against multiple target sites implicated in heterogenous diseases such as cancers and can…
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FACIT portfolio company HDAX Therapeutics closes seed financing to target CNS cancers and neuropathies
September 5, 2024 – FACIT congratulates HDAX Therapeutics (“HDAX”) on the closing of a seed financing round to develop their best-in-class HDAC therapeutics for the treatment of a serious cancer conditions. Capital from the investor group, which included an investment from FACIT’s Compass Rose Oncology Fund, will empower HDAX to address the debilitating neuropathic pain…
We were established by the Ontario Institute for Cancer Research (OICR) to support commercialization, technology transfer, and development activities. OICR conducts and enables world-class cancer research, filling a critical role as a pan-provincial connector of oncology researchers, resources and cancer innovation development. Together with OICR, we drive a shared vision to attract more R&D investment in Ontario and help the best oncology innovations reach the market and save lives.
FACIT is funded in part by the Government of Ontario through OICR