Federal Government Announces $2 Million for ICAV
At an event held today at the Greater Peterborough Region DNA Cluster, MP Dean Del Mastro announced that the Public Health Agency of Canada would be providing $2 Million in funding over 2 years for the International Consortium of Anti-Virals (ICAV). ICAV, a DNA Cluster partner is a not-for-profit drug development organization dedicated to the discovery, development and delivery of anti-viral drugs for neglected and emerging infectious viral diseases around the world.
Dr. Jeremy Carver, Chief Executive Officer and Chief Scientific Officer of ICAV accepted the funding which will be used as seed money to evaluate, prioritize and begin development of best anti-influenza drug candidates that have been identified through the ICAV series of international workshops.
“This funding is great news for the DNA Cluster and for the City of Peterborough”, commented City of Peterborough Mayor Paul Ayotte, “MP Dean Del Mastro has worked diligently for the community to promote this innovative opportunity and we appreciate his efforts towards further developing our knowledge-based scientific economy”.
“The Government of Canada’s support of this important DNA Cluster partner is greatly appreciated,” stated County of Peterborough Warden Ron Gerow, “Dean’s efforts to secure this funding for ICAV will contribute to bringing global attention to the expertise located in the Peterborough region.”
The Greater Peterborough Region DNA Cluster will be home to the ICAV head office. Cluster staff have been actively working to support the efforts of Dr. Jeremy Carver and ICAV since 2004. The location of ICAV within the DNA Cluster at Trent University will assist in the attraction of symposiums and seminars, researchers and investment to the region.
“We are pleased to have the continued support of the Federal Government as we grow the knowledge-based economy in the Peterborough Region,” stated Andy Mitchell, Greater Peterborough Area Economic Development Corporation CEO and DNA Cluster Board Member. “We anticipate that the location of ICAV at the Cluster will help create a strong brand for the Cluster and further assist our efforts to bring investment to the area.”