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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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  • shalinirawat3085

    With time more number of companies are coming into the lists of developing cure to the tougher diseases. recently, with the advent of 209, more projects from reputed companies like Ranbaxy, Johnson & Johnson, pFizer, Caddila and many more are ready to jump in the market with a view to make it profitable for patients.

Lincoln Kim @ MaRS

Lincoln Kim @ MaRS

Lincoln Kim is a member of the healthcare and life sciences team of the MaRS Venture Group. He evaluates and supports the development of technology platforms and commercial market opportunities of start up and emerging companies, facilitates collaboration among research groups and between research scientists and industry.

 
 
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