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Contribution: Industrial Research Assistance Program – Contributions to Firms

Opsens Inc.

$500,000.00

Development of an optical pressure guide wire for use in cardiology

FY 2018-19 · 2018-11-05

Summary
The objective of this project is to develop a new pressure guide wire for the cardiology market. This market is experiencing very sustained growth with several applications requiring reliable pressure measurement over a long period of time. The objective of this project is to meet this growing need by developing a product that will meet the performance and pressure measurement expectations of cardiologists.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Quebec|Québec, Quebec, Canada
Recipient Type
For-profit organization
Business Number
878859701
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Amendments

Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.

AmendmentDateFiscal YearTotal
02018-11-052018-19$500,000.00
12018-11-052018-19$500,000.00
32018-11-052018-19$500,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 256 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 256 jours.
Agreement End Date
2021-11-30
Agreement Number
923592
Agreement Start Date
2018-11-05
Agreement Title
Development of an optical pressure guide wire for use in cardiology
Agreement Title (French)
Développement d’un fil-guide de pression optique pour une utilisation en cardiologie.
Agreement Type
Contribution
Agreement Value
$500,000.00
Amendment Date
2021-02-05
Amendment Number
3
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
The objective of this project is to develop a new pressure guide wire for the cardiology market. This market is experiencing very sustained growth with several applications requiring reliable pressure measurement over a long period of time. The objective of this project is to meet this growing need by developing a product that will meet the performance and pressure measurement expectations of cardiologists.
Description (French)
L’objectif de ce projet est de développer un nouveau fil-guide de pression pour le marché de la cardiologie. Ce marché connait une croissance très soutenue avec plusieurs applications nécessitant une mesure de pression fiable sur une longue période. Ce projet a pour objectif de répondre à ce besoin grandissant en développant un produit qui répondra aux attentes de performances et de mesures de pression des cardiologues.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Québec
Federal Riding (French)
Québec
Federal Riding Number
24059
NAICS Code
335990
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
878859701
Recipient City
Quebec|Québec
Recipient Country
CA
Recipient Legal Name
Opsens Inc.
Recipient Postal Code
G1P 4S3
Recipient Province or Territory
QC
Recipient Type
F
Reference Number
172-2018-2019-Q4-923592
Opsens Inc. - $500,000 Contribution (2018-19) | Canada Spends