We Turn Innovations Into Opportunities.
Fight Against Cancer Innovation Trust (FACIT) is the gateway to the cancer research pipeline in Ontario. As a bridge between the public and private sectors, we apply an entrepreneurial approach, along with strong business expertise and industry connections, to continuously identify and advance breakthroughs in science and technology. An active partner in all of our projects, we help move oncology innovations to real world opportunities that benefit investors, patients and our economy.
FACIT’s mandate is to foster an effective and collaborative approach to the commercialization of cancer-related innovations arising from research in Ontario. Among our objectives, we seek to:
Engage private equity groups to partner, develop and implement novel business models to accelerate proof of concept data (Phase I/II)
Create a culture that recognizes and develops the value of translation and commercializing cancer-related innovations and bring those benefits to Ontario residents
Invest in promising intellectual property (IP) through the IPDC Fund (seed stage)
Be proactive in the management of IP arising as a result of FACIT investments.