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McMaster University Signs Affiliation Agreement with the Centre for Drug Research and Development


5/20/2010 11:35:27 AM

HAMILTON, Ontario & VANCOUVER, British Columbia--(BUSINESS WIRE)--McMaster University and the Centre for Drug Research and Development (CDRD) today announced that McMaster University has signed an affiliation agreement with CDRD that will facilitate seamless collaboration by and between McMaster’s academic investigators and the industry experienced drug development professionals at CDRD.

“As an affiliated institution of the Centre for Drug Research and Development, McMaster University can augment the strengths of our renowned research community by accessing the full drug-development expertise and infrastructure at CDRD,” said Dr. Elsie Quaite-Randall, Executive Director, McMaster Industry Liaison Office (MILO).

“The Centre for Drug Research and Development continues to expand its project development pipeline and support the commercialization of health research projects on a national and global level,” said Karimah Es Sabar, Senior Vice President, Business and Strategic Affairs for CDRD.

“We are excited to begin working with the outstanding, innovative researchers at McMaster University, and believe that both organizations share a goal to translate academic research into new medical therapeutics,” added Es Sabar.

To help McMaster researchers better understand the resources that CDRD offers, centre staff will present information about its drug development divisions at the upcoming McMaster Innovation Showcase on June 17, 2010.

About CDRD

The Centre for Drug Research and Development (CDRD) (www.cdrd.ca) provides drug development expertise and infrastructure to enable researchers from leading academic and health research institutions to advance promising, early-stage drug candidates. CDRD combines its drug development platform with a commercial arm, which licenses technologies from affiliated institutions and establishes working collaborations with other biotech and lifesciences companies. The Government of Canada's Networks of Centres of Excellence program has recognized CDRD as a Centre of Excellence in Commercialization in Research (CECR).

About McMaster University

McMaster University, one of four Canadian universities listed among the Top 100 universities in the world, is renowned for its innovation in both learning and discovery. It has a student population of 23,000, and more than 140,000 alumni in 128 countries. For more information, please visit: http://www.mcmaster.ca.

Read at BioSpace.com

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