The Biotech City is home to promising biotechnology
companies with innovative technology platform
A native of Finland, Jan-Eric Ahlfors studied at Worcester
Polytechnic Institute in Massachusetts, where he earned MBA
and PhD degrees— in such diverse areas as physics, biotechnology
and biomedical engineering, regenerative medicine and
technology management. In 2003, Dr. Ahlfors founded one
of the most prominent biotech companies in the field of regenerative
medicine in Massachusetts. His innovative research in the
field led to his being asked to help draft that state’s bill on stem
cell research, which became law in 2005. What’s more, in 2004,
the President Bush personally presented him with a “Businessman
of the Year” award.
With such a promising future in the United States, why would
Dr. Ahlfors choose to locate his company is Laval's Biotech City?
It all began with a discussion with Investissement Québec in
the summer of 2006. “I was informed that Canadian universities
were conducting a great deal of research into personalized and
regenerative medicine. They wanted to bring someone in to start
such a company in Quebec. They let me know all the advantages
that Quebec and the Biotech City offered a company like
New World Laboratories, so I decided to set up the company in
Laval in the summer of 2007.” According to Dr. Ahlfors, the main
advantages are, first and foremost, having access to a worldwide
talent pool; second, lower R&D costs, due to government
support; and third, the Biotech City offers direct access to
suppliers, support organizations and other services.
As for New World Laboratories immediate future, the 12-
employee company is in the process of securing financing and
adequate patent protection. Moreover, a number of its products
and technologies are currently being tested and validated by
Canada’s National Research Council (NRC). Last year New World
Laboratories received one of the NRC’s largest ever Industrial
Research Assistance Program grants in order to further the
development of its technologies.
_________
For further information about New World Laboratories,
please contact Dr. Jan-Eric Ahlfors, CEO and CSO,
at 450 781-2155, ext. 2100, or visit the company’s Web site:
www.nwl.net.
Earlier this year, Dr. Jan-Eric Ahlfors, founder of New World
Laboratories Inc., attended the Stem Cells USA & Regenerative
Medicine Congress in Philadelphia, where representatives from
pharmaceutical companies announced their plans to devote
more than 40% of their research and development (R&D) budget
to regenerative medicine. This decision was spurred by the
costs associated with degenerative disease—nearly $2 trillion
worldwide—a figure that will only increase given the aging
population. However, according to Dr. Ahlfors, the pharmaceutical
companies do not know how to approach the field, giving a
distinct advantage to New World Laboratories—one of the few
biotech companies with extensive experience in developing its
own technology platforms for regenerative medicine—making it
likely to capture a significant share of that huge market.
Unlike most small biotech companies, which develop and market
innovation and resulting from universities and research institutions,
New World Laboratories acts as its own research centre,
allowing it to create its own therapeutic platforms. The company
focuses its efforts on three main sectors—therapeutic drugs,
medical devices, and cell therapies.
For example, the apoptosis program (programmed cell death) at
New World Laboratories has led to the development of a drug
that not only prevents the cell or tissue loss resulting from
neurodegenerative diseases such as multiple sclerosis and
Parkinson’s disease, brain and spinal cord injuries, stroke and
diabetes, etc., but also has indirect regenerative effects on
tissues. The Regeneration Matrix (RM
x
TM
) device from New World
Laboratories speeds the regeneration of central nervous systemtissue.”
cells and soft tissues while inhibiting tumour growth.
The company has also developed a technology for producing
neural stem cells from a patient’s own skin or blood cells, thus
eliminating the possibility of immune rejection and opening the
door to affordable, personalized treatments. “We still have to
conduct our first clinical trials,” states Dr. Ahlfors, “but as of
right now, we can create such cells for less than $1,000, a real
boon in this field of medicine.”
“The strength of our therapeutic platforms,” continues Dr. Ahlfors,
“is that they can stimulate regeneration as well as slow down or
prevent tissue degeneration. Other companies work on curbing
or improving the symptoms of degenerative disease; New World
Laboratories is working on rebuilding and protecting damaged
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