5 November 2013

Immune Biosolutions, a Sherbrooke-based company, received $250,000 in financial assistance from Economic Development Canada. This financial assistance will enable it to launch its production and marketing activities.

The funding takes the form of a repayable contribution, which Immune Biosolutions will use primarily to acquire laboratory equipment and pursue its R&D activities.

Founded in 2012 by Frédéric Leduc, Simon Gaudreau and Jean-François Larrivée—three researchers from the Université de Sherbrooke—Immune Biosolutions creates innovative antibody products from chicken eggs for biomedical research and other purposes.

The financial assistance was announced by Denis Lebel, Minister of Infrastructure, Communities, and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Québec.

Source: Government of Canada

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