WORLDiscoveries Asia Continues Growth

on April 15, 2014

In recent months WORLDiscoveries Asia has engaged in many activities, continuing its rapid growth as an international office.

This past February, WORLDiscoveries Asia has been recognized for helping the University of Guelph sign an exclusive Intellectual Property Option Agreement with a Jiangsu based Agri-Science company. The WORLDiscoveries Asia portfolio has also expanded while working with the University of Guelph and the Health Technology Exchange (HTX), a non-profit organization whose mandate is to promote the medical device sector.

HTX provides non-dilutive project financing to emerging and established Ontario-based companies to develop, produce and commercialize innovative market-leading advanced health technologies. Through the Health Technology Commercialization Program (HTCP) and HTX’s MedTech ecosystem support activities, HTX is the leading resource and catalyst for accelerating the growth of Ontario’s MedTech industry, and enhancing Canada’s position as a global leader in commercializing innovative medical technologies.

WORLDiscoveries Asia looks to further expand its portfolio as it continues to evolve partnerships with the University of Toronto, McMaster University, University of Ontario Institute of Technology and the Centre for Commercialization of Regenerative Medicine.

Reza Moridi, Ontario’s Minister of Research and Innovation, along with John Capone, Vice-President of Research at Western University, and Dan Siani, Associate Vice-President of Research at Western University, travelled to Bejing in March to participate in the signing of exclusive licensing funds for two pharmaceutical biotech companies; SinoBioway Group Co., Ltd., one of the three major industry groups of Beijing University engaged in bio-industry development and the establishment of bio-economic systems; and Yabao Pharmaceutical Group Co., Ltd., the largest manufacturer of transdermal preparation in China.

During this visit, Moridi also participated in signing a partnership agreement to establish an additional WORLDiscoveries Asia office in Tianjian, with the support of the Tianjian Science and Technology Exchange Centre (CSTEC).

CSTEC is a legally independent organization affiliated to the Ministry of Science and Technology of the People’s Republic of China. With expertise in international S&T exchanges, its mandate is to promote interactions between the research and industrial communities in China and their foreign counterparts to encourage socio-economic development and enhance the friendly relations between China and countries across the globe.

CSTEC focuses on building and operating an innovative resources exchange platform, managing the Program on Major International S&T Cooperation Projects (PISTC), introducing foreign and local expertise, organizing conferences, exhibitions and training programs, and administering S&T cooperation and personnel exchange with Hong Kong, Macao and Taiwan.

WORLDiscoveries Asia was founded in Hong Kong in 2011 as a subsidiary of WORLDiscoveries and expanded its operations with an additional office in Nanjing, China in 2012. Tianjian will be the third location for WORLDiscoveries Asia. As a bridge between Canada and Asia for international science collaboration and technology commercialization, WORLDiscoveries Asia continues to build strong ties between Canadian researchers and Asian institutions.

To learn more about WORLDiscoveries Asia, please visit the website at

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