March 16, 2001

New foundation will fund B.C. health research

A new $110 million health research foundation will honour the late Nobel laureate Michael Smith and, through its board, bring together representatives of the province’s teaching hospitals, universities, community health organizations and biotech companies.

Premier Ujjal Dosanjh announced on March 13 that the goals of the Michael Smith Foundation for Health Research are to develop, recruit and retain health researchers, build a more effective health system and help support the development of B.C.’s biotechnology and health industry sectors.

“This is a very welcome announcement for B.C. universities,” says Dr. Martin Taylor, vice president research. “This major new provincial funding for health research complements the federal Canadian Institutes of Health Research and allows UVic to be all the more competitive nationally in securing resources for research in areas of high priority for our society.”

The foundation is the result of a year-long effort by the Coalition for Health Research, representing B.C.’s key provincial teaching hospitals, universities, community health organizations and biotechnology companies, who worked with the provincial government to plan the foundation.

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