Innovation Anthology #200:

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In this age of antibiotic resistance, what’s old is new again.

That’s certainly the case with silver. Its antimicrobial properties have been known for centuries

Exciton Technologies Inc is an early stage Edmonton company that has developed new chemical processes to better utilize silver.

It can then be added to products such as bandages and cleaning solutions for hospitals.

So promising is this new technology, the Alberta Heritage Foundation for Medical Research has granted $500,000 towards its commercialization.

And as Exciton’s president Rod Precht explains, now he can scale up production.

ROD PRECHT: Right now we’ve been basically doing batch scale production, just hand made samples. But in order to capture a larger scale licensing partner, we need to demonstrate we can meet a supply chain by delivering the products in volume. So we’ve got a pilot scale roll coater coming inactually in the next couple of weeks. We will continue to prosecute our patent applications and conduct some evaluations clinically of the products to support a market partner to license the deal.

Rod Precht expects his technology to double the market value of silver based wound care within 5 years.

Thanks today to The Alberta Heritage Foundation for Medical Research.

FOR INNOVATION ANTHOLOGY,  I’M CHERYL CROUCHER

NOTE:  The former AHFMR is now called Alberta Innovates Health Solutions

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Alberta Innovates Health Solutions

Alberta Innovates (formerly Alberta Innovates – Health Solutions)

As the newly formed Alberta Innovates corporation, we still fund top quality, internationally competitive health research and innovation activities to improve the health and wellbeing of Albertans. We provide leadership for Alberta’s health research and innovation enterprise by directing, coordinating, reviewing, funding and supporting research and innovation.

Working with our many partners  in the health system, we ensure that research achieves innovation in care, policy and practice, and that the needs of patients and clinicians influence research.

Our background

Alberta Innovates consolidation was launched November 1, 2016.

Alberta Innovates – Health Solutions

Alberta Innovates – Health Solutions was established as part of the Alberta Innovates system by an Act of Legislation of the Government of Alberta. It is a agency  of the Government of Alberta. We receive a yearly allocation from the Ministry of Health and report through the ministry to the people of Alberta.

Our Mandate and Roles document reflects our role and responsibilities and outlines the government statues and regulations with which we comply.

Alberta’s Health Research and Innovation Strategy (AHRIS) sets out Alberta’s health research agenda for the coming decade to ensure our considerable investments in research align with our priority—to improve the health of Albertans.

 

 

Program Date: 2009-01-29