Montreal InVivo Montreal InVivo | Page 6

RESEARCH AND INNOVATION PROJECT MandatE increase GREATER Montréal’S PRODUCTIVITY AND COMPETITIVENESS IN RESEARCH AND DEVELOPMENT AND THE RACE FOR TALENT, PLUS INCREASE PUBLIC AND PRIVATE FINANCING FOR R&D. MORE ACHIEVEMENTS Active participation in the provincial Research & Innovation project of the Working Group on Life Sciences. Support for the organization of the International Congress on Personalized Health Care Discussion on the commercialization methodology for academic research platforms LEARN MORE ABOUT THE BACKGROUND AND CHALLENGES OF THIS PROJECT IN THE SPOTLIGHT Early Stage Clinical Trial Initiative The Early Stage Clinical Trial (ESCT) Initiative aims to make the Montréal metropolitan area and Quebec an effective and efficient global centre of expertise in carrying out early stage clinical trials. Achieving its objective will help attract at least $240 million in direct private investments to Greater Montréal within five years, leading to the creation of 500 new jobs, in addition to increasing investments in other types of clinical research. In five years, 9,000 patients will have access to new treatment options. In 2015, Montréal InVivo adopted the 2016-2021 ESCT Initiative Development Plan, which provides four core strategies for recruitment, advocacy, business development and operational efficiency. The project has hosted some working groups and met a dozen organizations to prepare a plan in lockstep with best practices and the needs of Greater Montréal. To support the need to step up its activities in 2015 and 2016, Montréal InVivo has received $272,500 in government grants (provincial and federal) and private and institutional contributions. Click here to see the complete list of recommendations from the four projects. 4