Biomedical research centre receives $4M funding

Hamilton, ON – Funding of $4 million is being provided to the McMaster-Fraunhofer Project Centre for Biomedical Engineering and Advanced Manufacturing (BEAM) by the Ontario government. The joint project is anticipated to create up to 100 jobs and attract top scientists and industry researchers from around the world. It is also intended to help establish Hamilton as a hub for Ontario’s life sciences sector.

Created by McMaster University and Germany’s Fraunhofer Institute for Cell Therapy and Immunology, BEAM will develop innovative technologies to automate production for cell therapies, significantly lowering the cost to treat degenerative diseases like cancer.  

“We are impressed by the industrial and research capabilities in biotechnology in the City of Hamilton and McMaster University,” says Professor Frank Emmrich, director of the Fraunhofer IZI. “These prerequisites provide arguments for Fraunhofer to move the concept of a joint project center along – a concept that will bring economic benefits to Hamilton and Ontario. We appreciate the continuous support by the provincial government realizing the importance of the joint project center and we are grateful for their support to ensure a beneficial and successful future.”

BEAM will be located at the McMaster Innovation Park.