Contribution: Industrial Research Assistance Program – Youth Employment Program
Rane Pharmaceutical Inc.
$25,000.00
Product and Business Development of Novel Lipid Molecules for Drug and Vaccine Delivery.
FY 2022-23 · 2022-05-01
Summary
Rane Pharmaceutical has been actively involved in lipid manufacturing since 2016. During the recent Covid-19 pandemic, some novel lipid molecules became the key ingredient in developing mRNA and DNA-based vaccines against Covid-19 (SARS-CoV-2). There is also an increased interest in expanding the mRNA/DNA-based therapies into developing novel drugs for cancer and other rare diseases.
We plan to meet this increased demand by developing our large-scale production capacity and investing in additional resources (Scientist / Business development and Infrastructure) to create rare and novel lipids.
Dedicated business development staff will be hired to develop strategies to expand and reach international markets.
Department
Program
Industrial Research Assistance Program – Youth Employment Program
Recipient
Location
Edmonton|Edmonton, Alberta, Canada
Recipient Type
For-profit organization
Business Number
737930321
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2022-12-31
Agreement Number
989820
Agreement Start Date
2022-05-01
Agreement Title
Product and Business Development of Novel Lipid Molecules for Drug and Vaccine Delivery.
Agreement Title (French)
Mise au point de produits et d'activités de nouvelles molécules lipidiques pour l'administration de médicaments et de vaccins.
Agreement Type
Contribution
Agreement Value
$25,000.00
Amendment Number
0
Coverage
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation. | Les projets du Programme Emploi-jeunesse du PARI stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
Rane Pharmaceutical has been actively involved in lipid manufacturing since 2016. During the recent Covid-19 pandemic, some novel lipid molecules became the key ingredient in developing mRNA and DNA-based vaccines against Covid-19 (SARS-CoV-2). There is also an increased interest in expanding the mRNA/DNA-based therapies into developing novel drugs for cancer and other rare diseases.
We plan to meet this increased demand by developing our large-scale production capacity and investing in additional resources (Scientist / Business development and Infrastructure) to create rare and novel lipids.
Dedicated business development staff will be hired to develop strategies to expand and reach international markets.
Description (French)
Rane Pharmaceutical participe activement dans la fabrication de lipides depuis 2016. Au cours de la récente pandémie de COVID-19, certaines nouvelles molécules lipidiques sont devenues l'ingrédient clé du développement de vaccins à base d'ARNm et d'ADN contre la COVID-19 (SRAS-CoV-2). Il existe également un intérêt accru pour l'expansion des thérapies à base d'ARNm/ADN dans le développement de nouveaux médicaments contre le cancer et d'autres maladies rares. Nous prévoyons de répondre à cette demande accrue en renforçant notre capacité de production à grande échelle et en investissant dans des ressources supplémentaires (scientifique / développement commercial et infrastructure) pour créer des lipides rares et nouveaux. Un personnel dévoué au développement commercial sera embauché pour élaborer des stratégies visant à étendre et à atteindre les marchés internationaux.
Expected Results
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Expected Results (French)
Le Programme Emploi-jeunesse du PARI contribue à accroître le bassin de personnes hautement qualifiées, fait la promotion des études supérieures, démontre le leadership fédéral grâce aux investissements effectués dans l’acquisition des compétences requises pour répondre aux besoins de l’économie du savoir et facilite la transition des jeunes hautement qualifiés vers un marché du travail en évolution rapide.
Federal Riding
Edmonton Mill Woods
Federal Riding (French)
Edmonton Mill Woods
Federal Riding Number
48017
NAICS Code
541720
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Youth Employment Program
Program Name (French)
Programme d’aide à la recherche industrielle – Programme emploi jeunesse
Program Purpose
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Program Purpose (French)
Le Programme Emploi-jeunesse du PARI contribue à accroître le bassin de personnes hautement qualifiées, fait la promotion des études supérieures, démontre le leadership fédéral grâce aux investissements effectués dans l’acquisition des compétences requises pour répondre aux besoins de l’économie du savoir et facilite la transition des jeunes hautement qualifiés vers un marché du travail en évolution rapide.
Recipient Business Number
737930321
Recipient City
Edmonton|Edmonton
Recipient Country
CA
Recipient Legal Name
Rane Pharmaceutical Inc.
Recipient Postal Code
T6E 5V2
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2022-2023-Q1-989820
