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ACOA Aids Bio Startups with $1.8M

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The federal government on Monday announced $1.75 million in loans to four Halifax-area life sciences companies to help with their expansion.

The four companies are Motryx (which will receive $500,000), Nxtgen Care ($500,000), IR Scientific ($496,850), and Skinfix ($250,000).

In making the announcement, the government noted that the Atlantic Canadian life sciences sector was cited last year by Silicon Valley-based Startup Genome as one of the strongest features of the Atlantic Canadian startup community. It comprises more than 100 businesses owned by Atlantic Canadians, many of which are


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