University Health Network and the Univ of Toronto have launched The Techna Institute for the Advancement of Technology for Health to integrate and fast track the R&D and commercialization of new healthcare technologies. The institute was launched with $10 million in start-up funds. The Princess Margaret Hospital Foundation committed $4 million after receiving a $5-million "challenge" donation from Toronto philanthropist Carlo Fidani. An additional $1 million was donated by an anonymous individual. The institute aims to cross traditional silos to take developing technologies into the clinic more quickly. It provides a collaborative environment for faculty and students in clinical, biomedical and bioengineering fields to create biotechnical solutions for diagnostic and therapeutic products and services. Technologies currently being tested in a clinical environment include a so-called GPS system for surgeons that integrates real-time data in 3-D images for greater precision in operating and mobile applications software to help patients track and manage their own health data....