Toward more durable COVID vaccines – Elarex Inc.

by Innovation Factory
December 15, 2021

ORIGINAL POST, newswise.com, December 10, 2021

McMaster spinout company earns key international grant

Newswise — HAMILTON, ON, Canada – A new company spawned by McMaster University innovation in the arena of vaccine manufacturing has received a grant from the Bill & Melinda Gates Foundation.

Elarex Inc., based in Burlington, ON, has been awarded a $1.2M Cdn grant from the non-profit humanitarian foundation to develop a new technology for keeping liquid mRNA vaccines safe and viable without the deep-freeze that is necessary today for storing and transporting such vaccines.

Maintaining the “cold chain” from the point of manufacture through the administration of single doses is necessary, but it presents a cumbersome, resource-intense, and expensive barrier to the equitable global distribution of vaccines, particularly in developing countries. A technology breakthrough in improving the thermostability of mRNA liquid nanoparticles in liquid form would enable better use and distribution of mRNA vaccines in low- and middle-income countries.

Elarex was created in 2019 to commercialize technology developed by a team including McMaster’s Chair of Chemical Engineering Carlos Filipe, an Elarex co-founder and scientific advisor.

To continue reading CLICK HERE

The post Toward more durable COVID vaccines – Elarex Inc. appeared first on Innovation Factory.

Original Article on Innovation Factory

Innovation Factory

Innovation Factory is a business accelerator, dedicated to helping Ontario-based businesses launch, scale, and succeed. We provide start-ups, and scaling companies with advisory services, training, mentorship, and strategic connections to help bring disruptive technologies to market, leverage intellectual property, increase revenues, attract investment and create jobs. Serving as the catalyst for tech innovation in the greater Hamilton area since 2011 we are driven to help: Entrepreneurs bring new ideas to life and to market Small/Medium Enterprises (SMEs) get to the next level Hamilton build a dynamic culture and a community of innovation Innovation can happen anywhere. Our goal is to make it work everywhere. We work to elevate key industry sectors including, advanced manufacturing, clean tech, information technology, integrated mobility, life sciences & health care and social innovations.