Burlington, Ontario — The Honourable Lisa Raitt, Minister of Labour and Member of Parliament for Halton, on behalf of the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), today announced an investment of up to $990,000 that will allow Natrix Separations to develop and bring to market innovative products for use in the development and manufacturing of biopharmaceuticals and vaccines.

“Our Government is investing in the people, businesses and communities of southern Ontario to create jobs, growth and long-term prosperity,” said Minister Raitt. “Businesses face many challenges getting access to capital. Through the Investing in Business Innovation initiative, we are helping companies like Natrix Separations develop new ideas and take their innovations to market, so people in southern Ontario and around the world can benefit.”

The funding is being provided through FedDev Ontario’s Investing in Business Innovation initiative. The funding will allow Natrix to leverage more than $4 million in additional private sector investments from Canadian and International venture capital investors. This will result in the creation of ten highquality jobs in the life sciences sectors in southern Ontario over the next two years.

Natrix Separations produces chromatographic products for purification processes using a patented technology. Chromatography is the term used to describe techniques for the separation of target molecules from contaminants. This funding will help Natrix design a prototype and develop single-use membrane-based chromatography products for large-scale biopharmaceutical manufacturing.

The new chromatography techniques and products being developed by Natrix under this project will improve the manufacturing process for biopharmaceuticals, helping to reduce processing costs and increase productivity for the bio-pharmaceutical industry. Natrix President & CEO John Chickosky commented, “Natrix is extremely grateful for the support of Minister Raitt and FedDev Ontario. Our team has made exceptional progress in the past year, and the leaders of the global biopharmaceutical industry are enthusiastic about the promise of Natrix’s proprietary technologies. This investment will play a critical role in accelerating the commercialization of these products.”

Created in 2009, FedDev Ontario supports the southern Ontario economy by building on the region’s strengths and creating opportunities for jobs and economic growth. The Agency has launched a number of initiatives to create a Southern Ontario Advantage and place the region in a strong position to compete in the global economy. These initiatives are designed to encourage partnerships and support projects that help the region’s businesses and communities become more competitive, innovative and diversified. To learn more, please visit www.FedDevOntario.gc.ca or call 1-866-593-5505.