Cortellucci Vaughan Hospital is one of a small group of Canadian hospitals to feature fully-integrated smart technology systems and medical devices that can speak directly to one another to maximize information exchange and improve healthcare delivery.
This leading-edge facility – and the future plans for the land surrounding it – creates tremendous business opportunities in the health and life sciences sectors. Recognizing these opportunities, the City of Vaughan is facilitating collaborative health innovation by developing a full-fledged innovation hub.
Mackenzie Health, which operates the Cortellucci Vaughan Hospital, is working with Toronto’s York University, York Region tech accelerator ventureLAB and the City of Vaughan to transform the Cortellucci Vaughan Hospital’s 82-acre parcel of land into the Vaughan Healthcare Centre Precinct (VHCP). These partners, and more than 350 life science and health companies that call York Region home, are bringing the next generation of health innovation to Vaughan, creating a world-class destination for healthcare excellence.
“The VHCP represents a cross-disciplinary collaboration between top educators, researchers, practitioners and business incubators,” said Vaughan Mayor, Steven Del Duca. “It will be a destination of choice for research, education, innovation and commercialization and services in healthcare delivery, technology and informatics, focused on a unique ‘care without walls’ approach. Importantly, the partnerships powering the VHCP will create a leading medical innovation node, offering opportunities for the incubation and scaling up of innovative health technologies by start-up enterprises, leading research, and multinational corporations in the health and life sciences sectors.” Mayor Del Duca chairs the VHCP Advisory Taskforce – a working group of stakeholders committed to advancing the goals of the precinct.
The health-tech and life sciences economy in Vaughan is strong. The VHCP will further attract and grow new businesses to join Vaughan’s cluster alongside multinational leaders, such as Cardinal Health, Toronto Research Chemicals/ LGC Group, Argenx and Sterling Industries, to name a few. New and existing businesses benefit from Vaughan’s robust local talent pool, ample land for development and strong market access. For growing start-ups and scale-ups, ventureLAB offers expert advisory services to scale quickly, raise capital, commercialize technology and intellectual property, retain talent and acquire customers.
Vaughan’s health market access isn’t limited to the Cortellucci Vaughan Hospital. In fact, there are 18 world-class hospitals within a 50-kilometre radius and 40,000 students in life sciences and healthcare degree programs within the Greater Toronto Area. Thanks to Vaughan’s strong transportation links and proximity to Toronto and its partners’ innovation and commercialization expertise, ‘made in Vaughan’ innovations can easily be marketed and transported globally.
The development of the VHCP has been progressing rapidly since the hospital opened in 2021. In 2022, the Ontario government announced support for creating a new long-term care facility next door, with construction to start in 2025. York University is continuing to seek approval and support for a new School of Medicine, which would be established at the VHCP. VentureLAB’s MedTech Hardware Catalyst Initiative, which supports scaling new medical device companies, has received $2 million in support from the provincial government to establish in Vaughan. As progress continues, opportunities for ambi- tious health and life sciences companies will emerge.
Project updates on the VHCP are available at vaughanbusiness.ca.
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