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Contribution: Industrial Research Assistance Program – Contributions to Firms

Octane Exo Inc.

$999,000.00

Biocomposite Spinal Implants for Orthopedic Surgery

EF 2021-22 · 2021-09-01

Résumé
Octane EXO is focused on the development, manufacturing and regulatory approval of innovative spinal implants formed from a proprietary biocomposite that provides superior bone tissue integration for spinal reconstruction. This project is directed to the completion of product and process R&D along with the the qualification of the manufacturing methods, as key objectives leading to submission for regulatory approval by international health agencies. Following regulatory approval, Octane EXO will commercialize via leading multinational partners.
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Bénéficiaire
Emplacement
Kingston|Kingston, Ontario, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
730206679
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Modifications

Chaque version de l'entente telle que publiée, de la plus ancienne à la plus récente, avec son total à cette version. Le montant ci-dessus est le plus récent.

ModificationDateExercice financierTotal
02021-09-012021-22$750,000.00
12021-09-012021-22$999,000.00

Tel que publié

Additional Information
This agreement has been amended 1 time(s). The total amended value is 249,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de 249 000 dollars.
Agreement End Date
2024-03-29
Agreement Number
984931
Agreement Start Date
2021-09-01
Agreement Title
Biocomposite Spinal Implants for Orthopedic Surgery
Agreement Title (French)
Implants rachidiens biocomposites pour la chirurgie orthopédique
Agreement Type
Contribution
Agreement Value
$999,000.00
Amendment Date
2023-09-20
Amendment Number
1
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
Octane EXO is focused on the development, manufacturing and regulatory approval of innovative spinal implants formed from a proprietary biocomposite that provides superior bone tissue integration for spinal reconstruction. This project is directed to the completion of product and process R&D along with the the qualification of the manufacturing methods, as key objectives leading to submission for regulatory approval by international health agencies. Following regulatory approval, Octane EXO will commercialize via leading multinational partners.
Description (French)
Octane EXO se concentre sur le développement, la fabrication et l'approbation réglementaire d'implants rachidiens innovants formés à partir d'un biocomposite exclusif qui offre une intégration supérieure du tissu osseux pour la reconstruction de la colonne vertébrale. Ce projet est orienté vers l'achèvement de la R-D du produit et du procédé, ainsi que vers la qualification des méthodes de fabrication, en tant qu'objectifs clés menant à la soumission de l'approbation réglementaire par les agences internationales de santé. Après l'approbation réglementaire, Octane EXO sera commercialisé par des partenaires multinationaux de premier plan.
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
Kingston and the Islands
Federal Riding (French)
Kingston et les Îles
Federal Riding Number
35044
NAICS Code
3391
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
730206679
Recipient City
Kingston|Kingston
Recipient Country
CA
Recipient Legal Name
Octane Exo Inc.
Recipient Postal Code
K7K 6Z1
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2021-2022-Q4-984931