OBI receives $100 million from Ontario to expand research, ramp up commercialization


The Ontario government has awarded $100 million over five years to the Ontario Brain Institute (OBI) with the proviso that it generates $80 million annually from other sources by FY17-18. The funding follows an initial seed grant of $15-million over three years that capped an effective advocacy campaign by several prominent philanthropists and industrialists to make the province one of the world's top centers for neuroscience research and commercialization (R$, November 29/10).

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