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ACRI obtains $2.8 million investment from the Atlantic Innovation Fund

Honourable Keith Ashfield, Minister of National Revenue, Minister of the Atlantic Canada Opportunities Agency (ACOA) and Minister for the Atlantic Gateway recently announced the projects that will be benefiting from an important federal investment of $62.4 million under Round VII of the Atlantic Innovation Fund (AIF). ACRI’s Next Generation Biomarker Technology for Early Cancer Detection project is one of the nine projects supported in New Brunswick.

Through this project, ACRI will focus on the development of a new technology to identify markers that classify different stages of cancer and help determine whether a patient should be included or excluded from follow-up treatments such as chemotherapy or surgery. The project includes the advancement of recent discoveries funded through two past AIF projects. This project, with total estimated costs of $5.7 million, will receive approximately $2.8 million from the Atlantic Innovation Fund over a four-year period.