Spin-off companies

ISR - Intelligent Software Radio
High throughput programmable microwave radios
École de technologie supérieure

NutrOcean
Photobioreactor production technology, microalgae
Université du Québec à RImouski

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AngioChem Inc.

201 President- Kennedy Ave, suite PK-R220
Montreal, Quebec H2X 3Y7
Web Address : www.angiochem.com

President and CEO : Jean-Paul Castaigne, M.D.
Telephone : (514) 788-7800
Fax : (514) 788-7801
Email : jpcastaigne@angiochem.com

Company Profile :
Angiochem, a biotechnology company, has the potential to become a leader in the field of Central Nervous System (CNS) disorders following the development of a technology platform allowing the delivery of drugs to the brain without breaking the integrity of the Blood-Brain Barrier. Short term, the company is developing innovative drugs to treat brain tumours but it is already anticipating addressing some numerous unmet medical needs for other diseases of the CNS.

Business Model:
AngioChem is a development company that will commercialize eventually its own products. The company will finance its activities through risk capital funding but also through the licensing of its technologies to strategic partners in non-core areas.

Current Partners:
Governmental and para-governmental agencies to fund its research activities. Currently in negotiations with VC’s.

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1100 Notre-Dame West
Montreal, Quebec H3C 1K3
Web Address : www.isr-technologies.com

President and CEO : Naïm Batani
Telephone : (514) 396-8422
Fax : (514) 396-8573
Email : nbatani@isr-t.com

Revenue (2005) : Cdn$ 1.5M (Estimate)

Market : US$ 1.5B

Company Profile :
ISR provides a complete Software Defined Radio (SDR) modem allowing microwave network operators to quadruple their capacity for 40 to 70% less cost than alternative hardware or mixed hardware/software products. The technology flexibility allows ISR to aim at the following markets :
- Cellular Backhaul cummunications, VoIP and high speed internet,
- Military communications,
- WiMax Communications (802.16) and
- Satellite communications,
- Maritime « Ship to Shore » communications.

Business Model:
ISR provides equipment suppliers a reference design for the modem hardware and associated components. ISR will also provide all the software/firmware that will be loaded into the radio. ISR will charge a onetime fee for the reference design and a license fee for the software/firmware loaded into each radio. Technical Support is provided by ISR on a 7/24 basis for an annual charge. 

Current Partners:
Ultra Electronics and Xilinx Inc.

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295 de l'industrie
Rimouski Québec G5M 1W4
Web Address : www.nutrocean.com

President and CEO : Serge Bujold
Telephone : (450) 294-3418
Fax : (888) 428-4583
Email : serge.bujold@nutrocean.com

Company Profile :
NutrOcean is a mariculture company located on the shores of the Saint Lawrence estuary. The factory draws  water from deep in the sea She  uses exclusive technology developed at the Institut des sciences de la mer de Rimouski (ISMER) of the University of Quebec at Rimouski (UQAR).  This allows contaminant-free cultures with no added chemical products. NutrOcean is presently completing the implementation of new factory which will substantially increase its production capacity. NutrOcean microalgae are natural and organic, and their production has no negative effects on the environment.

Business Model:
NutrOcean produces and markets many products composed of high quality marine microalgae to supply both the micro algal feed market (aquariums, research institutions and fish hatcheries) and the biotechnology market.

Marine microalgae are at the start of the food chain in marine ecosystems and are recognized as a high-quality food source for shellfish larvae and for the production of zooplankton in marine finfish farming, particularly when fresh. They are also increasingly in demand as a source of ingredients for biotechnology products. Microalgae are the only marine organisms that actually synthesize omega-3-rich lipids, rather than getting them from their diet. In contrast, fish accumulate omega-3 lipids by feeding on smaller organisms in the food chain up to microalgae.

Current Partners:
Government and public agencies are subsidising research. Financial partners are  ISMER(UQAR), le Fonds Soutien Bas-Saint-Laurent, la SODIM, Canada Economic Development, National Bank of Canada and MAPAQ. Many industrial partners already use NutrOcean’s products as input to the manufacture their finished products.