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CONNECT WITH CANADA'S LEADING HEALTH INNOVATION ECOSYSTEM                                                                                               SYNAPSE LIFE SCIENCE CONSORTIUM



        Success Stories






        From manufacturing to research and                                                                   Hamilton is perfect for us.
        development, four new companies are

        solving important problems here in Hamilton.                                                         Watching the news in the spring              For this reason, FERO was one of a
                                                                                                             of 2020, Sabrina Fiorellino, CEO             handful of companies chosen by the
                                                                                                             of Fero knew that she had to do              Ontario government to receive direct
                                                                                                             something. Every day, chyrons were           investment to support the growth
                                                                                                             full of headlines about full hospitals,      of their business.
                                                                                                             full ICUs, and strained health care
                                                                                                             systems. “I thought, ‘I can solve this       In September 2023, Fero took over
                                                                                                             global pandemic.’”                           a 300,000 square foot manufacturing
        Without McMaster,                                                                                    Fero International, founded shortly          plant in Hamilton. For Fiorellino,
                                                                                                                                                          Hamilton made sense: their first
        AtomVie would not exist.                                                                             thereafter, designs and manufactures         manufacturing partner was here,
                                                                                                             modular, volumetric, specialized             and Hamilton offers the sort of
                                                                                                             infrastructure. Their prefabricated          connectedness that few other cities
        A contract development and                                                                           buildings can offer emergency or             can. “We quickly came to understand
        manufacturing organization (CDMO)                                                                    expedited facility space to hospitals,       that the access to labour and the
        in radiopharmaceuticals, AtomVie is                                                                  schools, and disaster zones. By far the      supply chain is very good,” she says.
        building a new home for themselves                                                                   main appeal is the speed: Fiorellino
        in Hamilton. Spun out of McMaster-           10 times the capacity. “Being able to                   says that while material and labour          “We want 80% of our inputs -
        based Centre for Probe Development           manufacture all in one place, and not                   costs are the same, Fero can deliver         materials, labour - to be within
        and Commercialization, AtomVie               in between different buildings will be                  ready-built infrastructure much faster       100 kilometers of us,” Fiorellino
        specializes in manufacturing                 incredible for production,” says Paquin.                than typical construction.                   explains. “Hamilton is perfect for us.”
        radiopharmaceuticals in preparation
        for clinical trials.                         Plus, AtomVie’s new home is
                                                     right around the corner from the
        Currently spread out across campus,          John C. Munro International
        AtomVie is building a more permanent         Airport. Paquin hopes that the same
        home in Hamilton - a 64,000 square           transportation infrastructure that
        foot manufacturing facility that will        giants like Amazon, UPS, and FedEx
        serve customers around the globe.            rely on at the Hamilton airport will
        “McMaster has been an excellent              also provide reliable transportation
        host,” says Bruce Paquin, AtomVie’s          for AtomVie’s materials.
        CEO. “But we need more space.”
                                                     Since AtomVie uses small amounts
        AtomVie’s new production facility            of radioactive materials, there is only
        will enable mass production. The             a short time before those materials
        new facility will be 4.5 times the size      decay and become useless. “When we
        of their current, scattered offices          ship 5-day drugs to Australia we have
        and labs, while offering more than           zero room for error,” explains Paquin.

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