McMaster University has teamed up with the Leipzig, Germany-based Fraunhofer Institute for Cell Therapy and Immunology to help push the region to new heights in biomedical engineering.
The partnership has culminated in the unveiling of a $33-million laboratory and advanced manufacturing facility situated at Aberdeen Avenue and Longwood Road in Hamilton.
Fraunhofer-McMaster project centre director, John Brennan, says the 20,000-square-foot space will allow researchers to develop new diagnostic tests and treatment for a wide range of diseases, and then prepare them for the marketplace.
“We need validation, we need clinical trials on medical devices, we need to understand how do we manufacture these,” he said. “BEAM (Biomedical Engineering and Advanced Manufacturing) fills the gap between the early stage research that is developed at the university and the final products that an industry partner would sell.”
Fraunhofer’s success in this field makes the company a strong partner, according to Brennan.
He says they will be able to tap into Fraunhofer’s resources when required, and perhaps, more importantly, will be able to implement their model for the commercialization of medical advancements involving biomaterials.
“The goal is to do what Fraunhofer has done, which is 20 times return on investment,” he said.
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