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Government of Canada announces first-of-its-kind biomanufacturing facility in British Columbia

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Opening of cutting-edge biomanufacturing facility creates more than 1,000 Canadian jobs, boosting the domestic life sciences sector

BURNABY, BC, July 9, 2024 /CNW/ – The Government of Canada is investing in a robust, dynamic and resilient life sciences ecosystem capable of responding to current and future health emergencies. Since March 2020, over $2.2 billion has been invested to strengthen our country’s domestic biomanufacturing and life sciences capabilities to ensure Canadians have access to the most cutting-edge medical technologies.

Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, is pleased to announce the opening of STEMCELL Technologies‘ state-of-the-art facility, in Burnaby, British Columbia, which has been supported through a $22.5 million investment by the Government of Canada, matched by the Government of British Columbia. This investment has contributed to the construction of a brand new good manufacturing practices (GMP) biomanufacturing facility where STEMCELL Technologies can now manufacture products at the higher regulatory compliance standard required to support clinical trials for cell therapy, tissue engineering, immunotherapy, gene therapy and regenerative medicine, with the ultimate aim of curing cancer and other serious diseases. With the completion of this project, STEMCELL Technologies created more than 1,000 new full-time jobs in British Columbia, far exceeding the project’s target of 675.

The expansion of STEMCELL Technologies’ presence in British Columbia strengthens the province’s status as a biomanufacturing and life sciences hub and will generate more research and development (R&D) and more collaboration with academia. It will also ensure new intellectual property being developed remains in Canada.

This investment is made possible through the Strategic Innovation Fund, a program to attract and support high-quality business investments across all sectors of the economy by encouraging R&D that will accelerate technology transfer and commercialization of innovative products, processes and services.

Quotes

“Our government is committed to supporting innovation in the life sciences sector to ensure Canadians have access to the most cutting-edge medical technologies to keep them safe. The opening of STEMCELL Technologies’ state-of-the-art facility is another important milestone in achieving a robust domestic life sciences sector in Canada. Through investments such as this, we are securing domestic supply chains and ensuring new intellectual property remains in Canada, while supporting the creation of hundreds of great-paying jobs for Canadian workers.”
– The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

“Supporting research and development expansion, as well as job growth in diverse and dynamic fields, all across Canada is essential to creating stronger local economies. Leaps in progress often happen because of many smaller steps, on many roads leading to the same destination.”
– The Honourable Terry Beech, Minister of Citizens’ Services

“B.C. is home to the fastest growing life sciences and biomanufacturing sector in Canada. Supporting companies like STEMCELL is helping the ecosystem in B.C. continue to grow and thrive, meaning more good jobs for British Columbians and better access to cutting edge research and therapeutics.”
 – Brenda Bailey, Minister of Jobs, Economic Development and Innovation  

“The opening of this new facility is the culmination of a massive multi-year project unprecedented in STEMCELL’s 31-year history that enables us to meet the needs of scientists advancing medical discoveries globally. This biomanufacturing facility strengthens STEMCELL’s positioning as a Canadian anchor company and will allow us to contribute to the life sciences ecosystem for decades to come.”
– Dr. Allen Eaves, Founder, President and CEO, STEMCELL Technologies

Quick facts

Canada’s Biomanufacturing and Life Sciences Strategy presents a long-term vision to protect Canadians against future pandemics and other health emergencies and to grow an innovative, competitive domestic life sciences sector.STEMCELL Technologies was founded in 1993 by CEO Dr. Allen Eaves. The company has since grown into a global biotechnology enterprise, producing high-quality cell culture media, cell separation technologies, instruments, accessory products, educational resources, and contract assay services that are used by scientists performing cancer, stem cell, immunology, regenerative medicine, and cellular therapy research globally.Stem cells were discovered in the early 1960s through the work of Canadian scientists Dr. James Till and Dr. Ernest McCulloch at the University of Toronto.

Associated links

Biomanufacturing: Advancing health sciences industry in CanadaStrategic Innovation FundSTEMCELL Technologies

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YupMD Revolutionizes Weight Loss with Cutting-Edge Telehealth Solutions

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YupMD.com, a premier telehealth platform, is transforming the weight loss industry by providing convenient, science-backed solutions for individuals seeking sustainable and effective results. Through its innovative approach, YupMD connects patients with board-certified medical professionals, offering personalized treatment plans, prescription-based weight management options, and expert guidance—all from the comfort of home.

MIAMI, March 15, 2025 /PRNewswire-PRWeb/ — YupMD.com, a premier telehealth platform, is transforming the weight loss industry by providing convenient, science-backed solutions for individuals seeking sustainable and effective results. Through its innovative approach, YupMD connects patients with board-certified medical professionals, offering personalized treatment plans, prescription-based weight management options, and expert guidance—all from the comfort of home.

“Our platform empowers individuals with evidence-based treatments and medical supervision, making long-term success achievable.”

Founded with the mission to make weight loss more accessible, YupMD leverages the latest advancements in medical science to help patients achieve their health goals safely and efficiently. The company’s approach integrates comprehensive metabolic assessments, customized treatment plans, and ongoing support, ensuring that every patient receives the highest standard of care tailored to their unique needs.

“YupMD is dedicated to breaking down barriers in healthcare by providing a seamless and effective telehealth experience for weight loss,” said Dr. Sean Aurora, Medical Director at YupMD. “Our platform empowers individuals with evidence-based treatments and medical supervision, making long-term success achievable.”

Key features of YupMD’s weight loss program include:

Personalized Care: Customized treatment plans tailored to each patient’s unique metabolic profile and weight loss goals.Clinician-Guided Solutions: Access to board-certified medical professionals specializing in weight management.Prescription-Based Options: Medical treatments, including FDA-approved weight loss medications, when appropriate.Convenience & Privacy: Secure online consultations and discreet doorstep medication delivery.Ongoing Support: Continuous monitoring and expert guidance to ensure long-term success.

YupMD.com is redefining the weight loss journey by providing patients with safe, effective, and accessible medical weight loss solutions. With a commitment to excellence and patient-centered care, the company is setting a new standard in telehealth-driven weight management.

For more information, visit www.YupMD.com.

Media Contact

Cory Sklar, YupMD, 1 (754) 800-8101, cory@yupmd.com, yupmd.com

View original content:https://www.prweb.com/releases/yupmd-revolutionizes-weight-loss-with-cutting-edge-telehealth-solutions-302401645.html

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BingX Joins NBX 2025 as a Gold Sponsor: Empowering Blockchain Innovation

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PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.

NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.

In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.

“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”

BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.

About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

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Create the Future: Elegoo Celebrates 10 Years and Prepares New Offerings for Global 3D Printing Community

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SHENZHEN, China, March 15, 2025 /CNW/ — Elegoo, a rapidly developing brand in global smart manufacturing, is celebrating its 10th anniversary with the theme “Thrive, Empower, Next”. This milestone moment is packed with exciting events, sneak peeks at upcoming products, and a heartfelt thank-you to the incredible community that has been part of its journey.

Thrive: a decade of thriving innovation

Since its founding in 2015, Elegoo set out with a clear mission: to provide unique and smart creative spaces for everyone. What began with the introduction of Arduino STEM kits quickly evolved as the brand relentlessly pushed forward, expanding its reach into the world of 3D printing. This journey led to the creation of the groundbreaking Centauri Carbon, a product that has made waves and cemented its place as a game-changer in the industry. Most recently, Centauri Carbon won the iF DESIGN AWARD 2025, highlighting its innovation and design excellence.

Today, Elegoo has established itself as a trusted name, with millions of products sold across more than 90 countries and regions, earning a global fanbase for its reliability, exceptional performance, and commitment to continuous improvement. To further engage and support its growing community, Elegoo has also launched a worldwide brand ambassador program, uniting passionate creators to inspire and empower fellow makers.

Empower: empowering creators and makers worldwide

Starting March 16, Elegoo will launch My ELEGOOD Moment, a community-driven initiative inviting users to share their most memorable experiences with Elegoo. Whether it’s an inspiring project, a game-changing 3D print, or a story of how Elegoo made life better, these moments will be highlighted across social media. Users whose stories are featured will have a chance to win flagship printers like the Centauri Carbon and Saturn 4 Ultra 16K, along with other exclusive rewards. Additionally, a community-focused design contest is coming soon, with full details to be announced in the coming weeks.

Next: together, on the journey to the next chapter

At RAPID + TCT this April, Elegoo will debut its latest 3D printer, Jupiter 2, alongside the Centauri Carbon and other new offerings. And this is just the beginning; more exciting products and events are set to launch later this year. As Elegoo enters its next decade, it remains committed to driving innovation, empowering its global community, and exploring the future of 3D printing.

“When we started, we had a bold vision – to create the future with smart manufacturing. What began as an idea has transformed into a thriving company, empowering creators and enhancing personalized experiences for countless individuals,” says Chris Hong, Founder and CEO of Elegoo. “The 3D printing industry is evolving faster than ever, and we believe that continuously improving our products based on community feedback reflects the attitude a company should have toward innovation. Together, we will keep innovating, dreaming big, and shaping the future of smart manufacturing for the next decade and beyond.”

To celebrate with Elegoo and learn more about the anniversary events, please visit the Elegoo 10-Year Anniversary page for full details.

About Elegoo

Founded in 2015, Elegoo is a rapidly developing brand in the global smart manufacturing industry, specializing in R&D, manufacturing, and sales of consumer-grade 3D printers, laser engravers, STEM kits, and other smart technology products. Located in Shenzhen, the Silicon Valley of China, the company has sold millions of products across more than 90 countries and regions. In 2024, the company’s total sales revenue surpassed 200 million USD, with close to 700 employees and nearly 30,000 square meters of office and manufacturing area. With a focus on programming and 3D printing technology, Elegoo provides unique and smart creation spaces for diverse consumers to enhance personalized experiences.

View original content to download multimedia:https://www.prnewswire.com/news-releases/create-the-future-elegoo-celebrates-10-years-and-prepares-new-offerings-for-global-3d-printing-community-302401947.html

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