MARKHAM, Canada — (April 30, 2015) Exact Imaging (www.exactimaging.com), the world’s leader in high-resolution micro-ultrasound systems enabling real-time imaging and guided biopsies of the prostate, was chosen to receive a $980,000.00 CDN repayable contribution from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The announcement was made by FedDev Ontario Minister Gary Goodyear as part of the keynote address that he delivered at the Business Innovation Summit 2015 in Toronto, ON.
“As outlined in Economic Action Plan 2015, our Government remains committed to creating jobs, growth and long-term prosperity,” said the Honourable Gary Goodyear, Minister of State for FedDev Ontario. “We need to collaborate to innovate if we want Canada to thrive in the global, knowledge-based economy of the future. That’s why we are making strategic investments such as supporting these eight companies, including Exact Imaging, with high-growth potential.” Exact Imaging is using the funding to finalize the design and development of a commercial version of its device, gain regulatory approval in Europe (CE) and then USA (FDA) and bring it to market in 2016.
Source: www.clinicaspace.com
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