Intellectual Property Action PlanPublished on July 21, 2020
Taking action to strengthen Ontario’s Intellectual Property position is critical to Ontario’s economic recovery following the impacts of the COVID-19 outbreak.
In response to the Expert Panel on Intellectual Property’s report and recommendations, the government has created an action plan to strengthen the way Ontario generates, protects, and commercializes intellectual property.
The plan will identify and provide supports for all those involved in research, innovation and commercialization, and help ensure that Made in Ontario research and innovation creates jobs and economic growth in Ontario.
To help implement the plan, the government will establish and work in partnership with a Special Implementation Team on Intellectual Property, who will provide technical advice to government.
Ontario is supporting 35 research projects on preventing, detecting and treating COVID-19. Fifteen projects were announced in May and an additional 20 projects were announced July 17, 2020.
Projects focus on vaccine development and drug trials, treatments and therapies, ways to improve COVID-19 testing, the impact COVID-19 has had on different aspects of society and mental health supports. Projects were evaluated by a peer review committee, led by Dr. Jack Gauldie, Chair of the Ontario Research Fund Advisory Board. This process was put in place to ensure that the province leveraged the expertise of researchers to evaluate and fund the most promising and important projects.
The Ontario government is investing an additional $20 million in research and innovation funding to support COVID-19 research by leveraging the strengths of Ontario’s world-class research institutions, industry and non-profit scientific partners. Working together, the government will leverage the talent and knowledge within Ontario to stop the spread of COVID-19 and learn about the virus.
To learn more, click here.
For background information, refer to the action plan.