The provincial government has announced $50 million in funding for the Michael Smith Foundation for Health Research.
It brings the total taxpayer commitment over the past fourteen years for the foundation to close to $450 million.
The foundation has funded nearly 1,600 hundred individual research projects and more than 70 research teams, tackling everything from male depression to breast cancer.
“It’s crucial to our health system that we maintain the global competitiveness of B.C.’s health research and life sciences sector,” said Health Minister Terry Lake in a statement.
“With our recently released venture capital fund, the basis for a comprehensive technology strategy, it’s clear that British Columbians continue to benefit from projects undertaken by the best and brightest researchers. Our priorities remain in spearheading significant research projects that cure illness, improve treatments, and save lives.”
Comments