Connect with us

Technology

Government of Canada funds new projects at the PRAIRIE Hub for Pandemic Preparedness to further grow the domestic biomanufacturing and life sciences sector

Published

on

New multidisciplinary projects in Edmonton will prepare Canada for future health emergencies and build capacity

EDMONTON, AB, May 31, 2024 /CNW/ – Innovation, Science and Economic Development Canada

Growing a robust, competitive, domestic biomanufacturing and life sciences sector ensures that Canada has access to critical vaccines, therapeutics and other life-saving medicines. The Government of Canada has been doing just that since the launch of Canada’s Biomanufacturing and Life Sciences Strategy in 2021 with a $2.2 billion commitment to develop cutting edge biomanufacturing capabilities.

Today, Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, and Member of Parliament for Edmonton Centre announced $109.9 million in funding for four projects endorsed by the PRAIRIE Hub for Pandemic Preparedness at the University of Alberta, through Stage 2 of the integrated Canada Biomedical Research Fund (CBRF) and Biosciences Research Infrastructure Fund (BRIF) competition. This support is part of a nearly $574 million investment announced by the Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for the Economic Development Agencies of Canada for the Regions of Quebec, on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, and the Honourable Mark Holland, Minister of Health, on May 6.

The PRAIRIE Hub for Pandemic Preparedness is an alliance led by the University of Alberta, and includes the University of Calgary, the University of Manitoba and the University of Saskatchewan as major partners. It aims to accelerate the development and commercialization of vaccine, antiviral and diagnostic countermeasures for potential pandemic pathogens through the following four research projects:

Developing self-amplifying (sa) RNA vaccines against pandemic virus threatsViral vector vaccine platforms for rapid response to future pandemics (administered by the University of Manitoba)Innovative techniques and diagnostic tests for pandemic preparedness and health equityFilling vials for pandemic preparedness

Through these investments in research, talent and infrastructure projects, Canadians will have access to made-in-Canada vaccines, therapeutics and other life-saving medicines and innovations. This will help strengthen the resilience of Canada’s life sciences sector by supporting leading Canadian research in innovative technologies that keep us safe and boost our economy.

Each of the 19 projects funded as part of stage 2 is endorsed by one of the five research hubs which were established in Stage 1 of the CBRF-BRIF competition. These hubs combine the strengths of Canada’s post-secondary institutions, research hospitals, industry and the not-for-profit sector to jointly improve health emergency preparedness and the overall health and well-being of Canadians. In addition, the hubs will help accelerate the translation of promising research into commercially viable products and processes. By strengthening research capacity and leveraging collaborations across the entire biomanufacturing ecosystem, Canada will be better prepared to face future pandemics.

Quotes

“With world-leading scientists and researchers established across Canadian leading research institutions, Canada is home to a competitive and robust biomanufacturing and life sciences sector. We made a promise to Canadians that we would rebuild the domestic sector. With this investment, our government is delivering on this promise by supporting the excellent innovations, collaborations and infrastructures necessary to rapidly respond to future public health threats and keep Canadians safe.”
—The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

“Today’s announcement marks another important milestone in our work to improve health outcomes for Canadians and strengthen our domestic biomanufacturing capacity. This investment will support innovative and world-leading research and science in the areas of vaccines, therapeutics, diagnostics, and surveillance to help prepare Canada for future health emergencies.”
—The Honourable Mark Holland, Minister of Health

“Investing in projects like the PRAIRIE Hub for Pandemic Preparedness is about strengthening Canada’s biomanufacturing sector and building on our world class medical life sciences and biomanufacturing capabilities. This investment will better position our country to fight future pandemics and provide better health outcomes for Albertans and for all Canadians right across the country.”
– The Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages and Member of Parliament for Edmonton Centre

“The research funded through the CBRF will position Canada as a global leader in the biomanufacturing and life sciences sector.  Most importantly, today’s investment will ensure that our nation’s brightest researchers and scientists are at the forefront of vaccine and therapeutic discoveries that will drive Canadian industry and equip Canada with the capacity to respond quickly and effectively to future pandemics.”
– Ted Hewitt, Chair, Tri-agency Institutional Programs Secretariat; President, Social Sciences and Humanities Research Council of Canada

“This significant investment from the Government of Canada reaffirms the world leadership of U of A researchers and the importance of their contributions to new diagnostic techniques and the development and production of vaccines and therapeutic drugs. As the lead institution in the PRAIRIE Hub, we are pleased to convene expertise from across Western Canada to advance the future of pandemic preparedness.”
– Aminah Robinson Fayek, Vice-President (Research and Innovation), University of Alberta

Quick facts

This investment builds on the crucial support provided through the first stages of CBRF and BRIF that enabled the creation of five new research hubs, as well as upgrades to Canada’s biocontainment facilities.Each of the 19 projects awarded funding includes one or more of these components: research, talent development and research infrastructure. As a result, a project may receive funding from CBRF, BRIF or both.The CBRF-BRIF competition followed a two-step competitive review process that evaluated the scientific merit and strategic alignment of the project proposals with the objectives of the funding opportunity and the priorities of the Biomanufacturing and Life Sciences Strategy.The Canada’s Biomanufacturing and Life Sciences Strategy includes major investments to help build Canada’s talent pipeline and research capacity. Investments include:CBRF: $250 million to create a program to support high-risk, applied research, training, and talent development partnership projects. The program is administered by the Tri-agency Institutional Programs Secretariat, housed at the Social Sciences and Humanities Research Council of Canada (SSHRC), on behalf of the three federal research funding agencies: SSHRC, the Canadian Institutes of Health Research (CIHR) and the Natural Sciences and Engineering Research Council of Canada. BRIF: $500 million to support the biosciences infrastructure needs of postsecondary institutions and affiliated research hospitals. This fund is administered by the Canada Foundation for Innovation.Clinical Trials Fund:  Led by the Canadian Institutes of Health Research, the Clinical Trials Fund has supported the establishment of a clinical trial consortium, training platforms and clinical trials to support health emergency preparedness and boost the life sciences sector, aligned with the priorities of the Government of Canada’s Biomanufacturing and Life Sciences Strategy.The Government is also providing targeted support to scale up Canadian biomanufacturing companies and attract investment from leading multinational firms. Since the onset of the pandemic, the Government has invested more than $2.2 billion in 38 different projects in the biomanufacturing ecosystem. Through the Strategic Innovation Fund specifically, the Government has invested in more than 16 projects since the beginning of the pandemic and the launch of the strategy.

Associated links

Government of Canada funds new projects to further grow the domestic biomanufacturing and life sciences sector
Stage 2—Award Recipients
Government of Canada establishes new research hubs to accelerate Canada’s vaccine and therapeutics production
The Government of Canada announces biomanufacturing and life sciences strategy
Canada’s biomanufacturing ecosystem gets major boost with new funding

Follow us on X (Twitter) 

Follow us on Facebook

Stay connected

Find more services and information at Canada.ca/ISED.

Follow Canadian Science on social media.
X (Twitter): @CDNScience | Facebook: Canadian Science | Instagram: @cdnscience

SOURCE Employment and Social Development Canada

Continue Reading

Technology

Canada to advance global nature conservation and climate action at upcoming United Nations conferences

Published

on

By

OTTAWA, ON, Oct. 16, 2026 /CNW/ — In a more uncertain and increasingly unstable world, Canada is stepping up to build a safer and more resilient future. Addressing climate change and biodiversity loss requires ambitious action at home and around the world. By advancing progress on both, Canada will protect nature, build resilient communities, and create lasting prosperity for future generations. International cooperation is key to achieving these goals.

That is why the Honourable Julie Dabrusin, Minister of the Environment, Climate Change and Nature, will lead Canada’s efforts as Head of Delegation at the 17th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP17) and the 31st meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31).

At COP17, Minister Dabrusin and the Honourable Nathalie Provost, Secretary of State (Nature), will work with international partners to accelerate implementation of the Kunming–Montréal Global Biodiversity Framework. From October 19 to 30, 2026, in Yerevan, Armenia, Canada will champion the critical role of Indigenous peoples in conservation and advocate for practical solutions to mobilize global resources for biodiversity finance. Canada will showcase its leadership through two Canadian-led official side events focused on innovative nature finance and the essential role of Indigenous leadership in advancing conservation efforts at home and around the world. The delegation will also take part in strategic bilateral meetings, high-level roundtables, and civil society events to strengthen cooperation, advance solutions, and drive action to halt and reverse biodiversity loss.

From November 9 to 20, 2026, in Antalya, Türkiye, Canada will participate in the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31). Building on multilateral engagements, including the 10th Ministerial on Climate Action, Canada will continue working with international partners, Indigenous representatives, civil society, youth, and other stakeholders to strengthen the resilience of vulnerable communities; reduce methane emissions; accelerate electrification; and mobilize finance and investments from public and private sources. For the fifth consecutive year, Canada will host a national pavilion at COP31, showcasing Canadian climate leadership and innovation. The Canada Pavilion will serve as a hub for connection and collaboration.

Canada’s international leadership is backed by action at home. To accelerate electrification, Canada is building major clean energy projects across the country, including with the largest clean energy investment in North American history in Churchill Falls. Through A Force of Nature: Canada’s Strategy to Protect Nature and $3.8 billion in investments and funding, Canada is advancing its commitment to conserve 30% of lands and waters by 2030 through strong partnerships and innovative approaches to conservation. Canada recently reinforced this commitment by joining the 30×30 for Nature and People Ministerial Declaration at the 81st session of the United Nations General Assembly. Prime Minister, Mark Carney, recently announced a historic investment of $1.2 billion to better protect Canada’s oceans and the life they sustain. This will increase monitoring, strengthen ocean science and ecosystem protections, and improve marine incident prevention and preparedness. These priorities will be a key focus at both upcoming conferences.

Canada’s delegations to COP17 and COP31 will bring together the diverse perspectives from across Canadian society, including Indigenous representatives, civil society, the private sector, youth, and provincial and territorial government representatives. Working with international partners, these delegations help advance practical solutions to protect nature, strengthen resilience, and support sustainable economic prosperity.

Quotes

“Climate change and biodiversity loss are global challenges that no country can solve alone. At COP17 and COP31, Canada will work with partners from around the world to strengthen implementation of the Kunming–Montréal Global Biodiversity Framework and the Paris Agreement and collective efforts to address nature protection and climate change. Through international cooperation, Indigenous leadership, innovative solutions, and a collective commitment to conservation and climate action, we will build a sustainable future for people and nature alike.”
– The Honourable Julie Dabrusin, Minister of the Environment, Climate Change and Nature

“Nature loss is a global challenge that requires countries to work together and turn shared commitments into action. At COP17, Canada will share its experiences in advancing nature finance, including innovative approaches to valuing natural capital and mobilizing private investment for conservation. By exchanging ideas, lessons learned, and practical solutions with international partners, we can accelerate progress toward our global biodiversity goals and recognize nature as a foundation of long-term economic prosperity and resilience.”
– The Honourable Nathalie Provost, Secretary of State (Nature)

Quick facts

As the second largest country in the world, Canada has a vast amount of natural capital, including 24% of the world’s boreal forest, 37% of lakes, 25% of wetlands, and approximately 80,000 species. We have both a responsibility to steward these resources as well as a competitive advantage because of these assets.Canada hosted the 15th meeting of the Conference of the Parties to the United Nations Convention on Biological Diversity (COP15) in Montréal in 2022, which resulted in the adoption of the Kunming–Montréal Global Biodiversity Framework: an ambitious global plan to halt and reverse biodiversity loss by 2030.Canada supports the Armenian COP17 presidency and its approach to strengthen implementation of the Kunming–Montréal Global Biodiversity Framework toward meeting the Framework’s goals and targets.In September 2026, Canada and China co-chaired the Kunming Dialogue in Kunming, China. The Dialogue was a multilateral working-level meeting to discuss progress and challenges in the implementation of the Framework ahead of COP17.The Canada Pavilion at the United Nations Conference of the Parties (COP) is a key space to show Canadian climate leadership and innovation.Reducing methane emissions remains one of the fastest and most cost-effective ways to limit the rise of near-term global temperatures. Canada serves as co-convenor of the Global Methane Pledge, which counts 159 participating countries and the European Commission, with participants agreeing to take voluntary actions toward a collective goal of reducing global methane emissions at least 30% by 2030 (from 2020 levels).In April 2026, Canada announced a new goal of delivering $13 billion in international climate finance over the next five years.

Associated links

A Force of Nature: Canada’s Strategy to Protect NaturePrime Minister Carney Announces Historic Investment to Protect Canada’s OceansCanada Pavilion at the Conference of the Parties (COP)

Environment and Climate Change Canada’s X page
Environment and Climate Change Canada’s Facebook page
Environment and Natural Resources in Canada’s Facebook page
Environment and Climate Change Canada’s LinkedIn page
Environment and Climate Change Canada’s Instagram page

SOURCE Environment and Climate Change Canada

Continue Reading

Technology

DGEN TECHNOLOGIES (FORMERLY CHINA KELI ELECTRIC COMPANY) COMPLETES ACQUISITION AND NAME CHANGE AND FILES CSE LISTING STATEMENT

Published

on

By

VANCOUVER, BC, Oct. 16, 2026 /CNW/ — DGEN Technologies Corp. (formerly China Keli Electric Company Ltd.) (the “Company”) is pleased to announce that it has completed its previously announced acquisition of DGEN Financial Holdings Corp. (formerly DGEN Technologies Corp.) (“DGEN”) pursuant to a share exchange agreement dated December 9, 2025, as amended on August 17, 2026 (the “SEA”) on October 14, 2026 (the “Transaction”).

Pursuant to the Transaction, the Company acquired all of the issued and outstanding shares of DGEN in exchange for the issuance of an aggregate of 9,550,360 common shares of the Company (“Common Shares”) and 7,000,360 Common Share purchase warrants (“Warrants”) to certain former shareholders of DGEN. Each Warrant entitles the holder to acquire one Common Share at a price of $0.25 until October 14, 2028. As a result of the Transaction, DGEN became a wholly-owned subsidiary of the Company. As of the date hereof, the Company has 29,161,364 Common Shares and 7,000,360 Warrants issued and outstanding.

In connection with the completion of the Transaction, the Company changed its name from “China Keli Electric Company Ltd.” to “DGEN Technologies Corp.” and, hereinafter, will carry on the business of DGEN.

Listing Statement

Following the closing of the Transaction, the Company has filed a CSE Form 2A listing statement dated October 14, 2026 (the “Listing Statement”) on SEDAR+ under its profile relating to the Transaction and the proposed CSE listing. Investors are encouraged to review the Listing Statement, which provides detailed information about the Transaction, the Company and its operations.

The Company has received conditional approval to list the Common Shares on the Canadian Securities Exchange (the “CSE”) and has delisted the Common Shares from the TSX Venture Exchange in anticipation of listing on the CSE. The Common Shares are expected to commence trading on the CSE under the symbol “DGEN” on or about October 20, 2026.

Board of Directors and Management

Following completion of the Transaction, the directors and officers of the Company are Cole Goodwin, Chief Executive Officer and Director, Philip Lo, Chief Financial Officer, Corporate Secretary and Director, Sean Webster, Director, and Yee Man Cheung, Director.

Mr. Goodwin is a business executive with over 10 years of experience in alternative and traditional investment markets, financial technology and corporate operations. His experience includes senior management and board roles with publicly traded companies, including as Chief Operating Officer of Hyper Bit Technologies Ltd. Mr. Goodwin provides the Company with strategic and operational oversight in respect of its technology platform, including development and commercialization of payment infrastructure, integration of payment gateways, technology deployment and vendor management.

Escrow

At the time of listing, the Company will have 2,496,000 Common Shares and 1,000,000 Warrants held by related persons subject to escrow pursuant to an escrow agreement dated October 14, 2026 among the escrowed securityholders, the Company and Odyssey Trust Company, as escrow agent, subject to a 36-month release schedule pursuant to National Policy 46-201 – Escrow for Initial Public Offerings.

About DGEN Technologies Corp.

DGEN Technologies Corp. is a Vancouver-based technology company developing a cloud-based payment platform intended to integrate point-of-sale, kiosk and mobile payment systems into a unified and scalable solution. The Company’s platform is currently in beta stage and is operational, but has not yet been commercialized or generated revenue.

The CSE has not reviewed, approved, or disapproved, and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws, including, without limitation, statements with respect to: the expected listing of the Common Shares on the CSE; the satisfaction of any remaining conditions to listing; the business and operations of the Company following completion of the Transaction; the Company’s platform, including its development, commercialization, functionality, market adoption and ability to generate revenue; the Company’s intended business objectives; the escrow arrangements applicable to certain Common Shares and Warrants; and future plans and expectations of the Company. Forward-looking information is based on management’s current expectations, estimates, projections, beliefs and assumptions as of the date of this news release.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to: the possibility that the Common Shares may not commence trading on the CSE when expected or at all; risks relating to the Company’s early stage of development; the fact that the platform is in beta stage, has not yet been commercialized and has not generated revenue; risks associated with development, commercialization and market adoption of the platform; competition from established payment technology providers; reliance on third-party contractors and service providers; additional financing and dilution risks; market volatility; regulatory, compliance, cybersecurity and data privacy risks; risks relating to escrowed securities; and the other risks described in the Listing Statement. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date of this news release. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

SOURCE DGEN Technologies Corp.

Continue Reading

Technology

ASSA ABLOY sells PKI business unit to Vista Equity Partners

Published

on

By

STOCKHOLM, Oct. 16, 2026 /PRNewswire/ — ASSA ABLOY has signed an agreement to sell HID’s PKI business unit to Vista Equity Partners (“Vista”).

The PKI business unit (Public Key Infrastructure) provides digital trust, identity, authentication, encryption, and certificate management solutions. The business unit includes PKI SaaS – IdenTrust and HydrantID – credential management, and ZeroSSL.

“I find it very satisfying that with Vista, the PKI business unit and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success,” says Nico Delvaux, President and CEO of ASSA ABLOY.

“Our PKI team has built a strong business with a strong customer base, and Vista has the expertise to take it forward as the market evolves,” says Björn Lidefelt, EVP and Head of HID. “We are pleased with this outcome for our customers, our employees, and for HID.”

The divested business had sales in 2025 of MUSD 58 (approx. MSEK 570) with a strong operating margin.

The divestiture is subject to customary closing conditions and is expected to close during the fourth quarter of 2026.

For more information, please contact: 
Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: bjorn.tibell@assaabloy.com

About ASSA ABLOY
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 64,000 employees and sales of SEK 152 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/assa-abloy/r/assa-abloy-sells-pki-business-unit-to-vista-equity-partners,c4410007

The following files are available for download:

View original content:https://www.prnewswire.co.uk/news-releases/assa-abloy-sells-pki-business-unit-to-vista-equity-partners-302911635.html

Continue Reading

Trending