Pfizer Canada ($800,000) and the Government of Alberta ($517,000) are proud to announce an additional contribution of $1.3M to the Pfizer-Alberta Collaboration in Health (PACH). This support builds upon an ongoing collaboration between Pfizer, the Alberta government, and Alberta Innovates to foster and accelerate health innovation in the province of Alberta.
The Pfizer-Alberta Collaboration in Health (originally the “Alberta/Pfizer Translational Research Collaboration Fund”) was established in 2011 as a co-managed fund together with the Alberta Ministry of Economic Development and Trade, Pfizer Canada, Alberta Innovates, and Western Economic Diversification Canada (WD) to support a collaborative health innovation and commercialization model in Alberta. The fund totaled $3.5M in 2013, and with this additional round of investment, the fund is now valued at over $4.8M.