Drug research gets funding boost from Ottawa - Action News
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Politics

Drug research gets funding boost from Ottawa

Health Minister Leona Aglukkaq announced Thursday that the federal government is investing up to $150 million over the next five years in pharmaceutical research.
Prime Minister Stephen Harper is pictured at the National Microbiology Laboratory in Winnipeg in 2009. On Thursday, his government announced renewed funding for pharmaceutical research. (John Woods/Canadian Press)

The federal government is increasing investment in drug research in partnership with Canada's research-based pharmaceutical companies.

The agreement is not in response to the current drug shortage involving generic drug maker Sandoz, but is an expansion of an existing program.

Health Minister Leona Aglukkaq says the government will boost investment in pharmaceutical research by up to $150 million over the next five years. Under the agreement, brand-name drug manufacturers are to match the federal contribution dollar-for-dollar over the same period.

One of the goals of the program overseen by the Canadian Institutes of Health Research is to train, recruit and retain top-notch researchers in Canada. Aglukkaq says the partnership is aimed at strengthening Canada's position as a preferred location to conduct clinical research.

"This partnership will better integrate health research and health care," CIHR president Dr. Alain Beaudet said in a release. "By bringing together researchers and industry, this partnership will accelerate the development of new clinical practices and health products which will have a direct impact on treatment and services provided to patients."