Manuel made the statement in relation to an announcement Monday morning of $118,717 from ACOA’s Business Development Program for the EXCITE Corporation’s Centre for Hearing Science.
With the province of Newfoundland and Labrador recognized as one of the world's prime founder populations for conducting genetic research, the EXCITE Corporation’s Centre for Hearing Science is well positioned as a research and development leader for the global hearing aid industry, stated a press release from ACOA regarding the announcement.
Investment in EXCITE Corporation Inc. will support additional research and development activities that could have a positive impact for people with hereditary hearing loss, the release added.
Through this investment, EXCITE Corporation will undertake activities to enhance the future sustainability of the Centre for Hearing Science, including research attraction, pre-commercialization of biomedical innovations as well as additional training development. Leveraging expertise in genomics at Memorial University, hearing science at Western University and computer engineering at McMaster University, the Centre for Hearing Science is developing a collaborative, innovative platform for hearing research in support of advances in hearing measurements, products and services, the release continued.
“EXCITE Corporation continues to build a strong knowledge-based economy in the Exploits Region of Newfoundland and Labrador, said Coast of Bays-Central-Notre Dame MP Scott Simms.
“This project strengthens the position of Grand Falls-Windsor as the provincial hub for advanced audiology training, research and the testing and validation of new products and services for the global hearing impaired market.”