Impact
In three and a half years, health technology companies supported by CORE Innovation have created 65 jobs, raised $39 million and brought 44 new products and services to market. Thirteen Canadian technologies have been adopted by our partner hospitals.
By the numbers
65
jobs created
$39M
raised by supported companies
44
products and services commercialized
13
technologies adopted by hospitals
Results to date
Three and a half years of results
Figures cover companies that received direct support through CORE Innovation programs, and technologies adopted by our partner hospitals.
Company growth
- 68
- companies received direct program support
- 54
- of the 65 jobs are permanent positions
- $10M+
- of the $39M raised after taking part in the program
Commercialization
- $4.1M
- in sales of new products after the program
- 28
- prototypes ready for demonstration in an operational environment
- 8
- new intellectual property assets created and licensed
Health-system adoption
- 21
- pilot projects and research studies at partner hospitals
- $1.5M
- in hospital contracts with supported companies
- $457K
- in research and implementation grants for hospital adoption
From pilot to purchase order
Companies that reached the health system
$28:$1 return
PolyUnity
Prints surgical tools and supports on demand inside the hospital. 1,281 products delivered, a documented $28:$1 return and a five-year procurement contract.
3 hospitals
ThinkRare
Clinical AI that flags signs of rare disease in a patient's record, so a diagnosis that often takes years can be reached sooner. Now expanding to three hospitals.
National procurement
NanoTess
Advanced treatment for wounds that resist standard care, a common and costly problem in diabetes and long-term care. Now in national procurement through HealthPRO Canada.
The pipeline today
150+ health technology companies engaged
Beyond the 68 companies in direct programming, more than 100 others have taken part through events, referrals and introductions. More than 25 partners, including more than 15 regional hospitals and health care providers, give these companies access to clinicians, test sites and buyers.
Companies from our ecosystem
Help build the next Canadian health technology company
We work with founders, investors, health-system partners and government. Contact us to discuss results, data or partnership.