Verv Technologies receives $100,000 from CAMEDA to accelerate commercial readiness of low-cost, high-quality blood analyzer

SUDBURY, ONTARIO: Verv Technologies (Verv) today announced it has received $100,000 from the Canadian Medtech Alliance (CAMEDA) to accelerate its path towards product completion in 2024.

“We are grateful and truly appreciative of this financial support,” said Martin Gurbin, Verv CEO. “This award is also an endorsement of our innovation, our progress and alignment with the need to empower people and transform care.”

The project is backed by Innovation Factory’s Southern Ontario Pharmaceutical & Health Innovation Ecosystem (SOPHIE) program, which supports collaborative initiatives for Ontario-based life science firms in the later stages of commercialization. SOPHIE is funded by a Government of Canada
investment of more than $7 million, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), to help technology companies develop, test and commercialize innovative healthcare solutions. Verv will be collaborating with an exceptional engineering design team at InertiaPD, to advance key aspects of its technology platform.
“With support from every level of government helping accelerate commercial readiness of our blood analyzer, Verv is poised to make an impact in Canada and beyond,” Gurbin added.

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