Bringing Imaging Innovations to the World
Canada is known throughout the world for its expertise in medical imaging research and development. Academic centres and spin-off companies are developing leading technologies that will change how we diagnose and treat disease.
The Centre for Imaging Technology Commercialization
CIMTEC exists to facilitate the commercialization of important and world-leading medical imaging technology, so that Canadians can reap the health and economic benefits of these innovations.
CIMTECbridges the innovation gap for Canadian medical inventors by providing them with imaging expertise and business development services that accelerate the development of their innovation, and by investing in the most promising early-stage Canadian companies and licensing unique technologies.
Unique among organizations supporting commercialization, CIMTEC offers an integrated combination of both technical expertise and business development advice under the Quality Management System and ISO-13485 certification (certificate number FM646075) required by regulatory authorities.
To date, 100% of the 60+ companies that have come to CIMTEC are still in operation, developing 78 new products, many of which have been approved for use in Canada, the United States and Europe, and currently providing 278 jobs for Canadians. CIMTEC's direct financial investment in companies has been leveraged to raise 12.5 times more financing from other sources and has been the basis of one client becoming publicly traded.
CIMTEC Medical Inc. (CMI) is a for-profit company wholly owned by CIMTEC. As of January 2016, all potentially profitable fee-for-service or licensing engagements are contracted through CIMTEC Medical Inc. from the Centre for Imaging Technology Commercialization, and other service providers, to carry out customer projects.
Since 2011, the company has built brand recognition among its customer base as CIMTEC. Combined, CIMTEC Medical Inc. and the Centre for Imaging Technology Commercialization will continue to be known as CIMTEC.