New $100M investment in Canada to accelerate brain health innovation
“Ottawa is helping fund a $100 million initiative with Toronto’s Baycrest Health Sciences to develop a national hub for brain research…“Past generations of adults said they were most concerned about cancer or heart disease. This generation says they’re most concerned about their brains,” said Dr. Reichman.
Dr. Reichman believes an entirely new suite of software products — such as online brain health assessments, memory and aging management training, and mobile medication monitoring — will allow people to live more independently at home and reduce the need to see a doctor or visit an emergency room.
“I think it’s going to be transformational. We’re going to look back on what we’re doing today and think ‘How quaint that was,’ ” he said.
Along with the $42 million in federal funding will come contributions from Baycrest and its partners, including IBM, Johnston & Johnston, Rexall, and the Ontario Brain Institute.”
- Press release: Baycrest to lead $100 million partnership in brain health and aging innovation
- Infographic on the Digital Brain Health Market 2012–2020