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Toronto-based start-up lauded by World Economic Forum
World Economic Forum
It’s great to see that startup companies based in Toronto are making it to the world stage. In January 2007, at their prestigious annual meeting in Davos, Switzerland, the World Economic Forum will be announcing Amorfix Life Sciences Ltd. (Toronto) as one of 47 global companies chosen as a “Technology Pioneer”. It’s the only Canadian recipient in the list. In addition to this honour, Amorfix will also be featured in a bonus section of the December 11, 2007 issue of Time Magazine. The selection of Amorfix was based on their innovative diagnostic technologies for several brain-wasting diseases, including Alzheimer’s and Parkinson’s diseases, Amyotrophic Lateral Sclerosis (ALS or Lou Gehrig’s Disease) and variant Creutzfeldt-Jacob Disease (vCJD), also known as the human form of mad cow disease (Bovine Spongiform Encephalopathy or BSE).
The development for treatments for these diseases have been largely inhibited by the inability to directly measure the abnormal molecules that cause them. So Amorfix’s diagnostic technologies will significantly help accelerate the understanding of and development for treatments for these brain-wasting diseases. Congrats Amorfix!
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