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Ontario invests in Myant’s connected wearables
Investment in homegrown innovator creates jobs and helps commercialize ‘connected wearables’ that can spot onset of diseases.
6th May 2021
The Ontario government is investing over $1.5 million, through the Ontario Together Fund, in Myant Inc. to help commercialize ‘connected wearables’ that can sense, monitor and help detect various symptoms that may signal the onset of diseases, including those associated with COVID-19. The project is expected to create 80 jobs.
“Ontario has world-leading talent in the innovation and life sciences sectors,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “In today s knowledge-based economy, our government is pleased to collaborate with companies like Myant and support projects that create jobs and transform how we receive the healthcare services we need.”
Algoma University file photoDonna Hopper/SooToday
Participants in Sault Ste. Marie will help the development of new technology that will assist healthcare professionals in detecting symptoms that may indicate the onset of a variety of diseases, including those associated with COVID-19.
In a news release issued today by the Province of Ontario, it was announced that funding is being provided to Myant Inc. for the commercialization of its Remote Health Monitoring project and the the development of textile-based medical devices and connected wearables under the brand name Skiin.
Algoma University and the Sault Area hospital have partnered with Myant to deliver product trials.