UBC signs deal with India to continue to bring foreign investment to B.C. tech firms

Nigel Lockyer, Director of TRIUMF, Canada’s national laboratory for particle and nuclear physics at UBC poses for a photo with a vial that would contain isotopes to go into the hot cell where medical isotopes are mixed with molecules to make a bio marker at TRIUMF in Vancouver November 14, 2008. A $10-million deal signed on Thursday between technology centres at the University of B.C. and India has set the foundation for breakthroughs in isotope research as well as bringing foreign investment to technology firms in the Lower Mainland.

JESSICA BARRETT
POSTMEDIA NEWS

A $10-million deal signed on Thursday between technology centres at the University of B.C. and India has set the foundation for breakthroughs in isotope research as well as bringing foreign investment to technology firms in the Lower Mainland.

The deal, signed between TRIUMF, Canada’s national laboratory for particle and nuclear physics, and India’s Variable Energy Cyclotron Centre in Calcutta, will see the continuation of a 10-year partnership between the two centres to develop cutting-edge production techniques and the study of rare isotopes.

“The goal here is to produce the isotopes of the future,” said Dr. Tim Meyer, head of strategic planning and communications for TRIUMF. He added the deal may also lead to technology that will help alleviate the worldwide shortage of the technetium-99m isotope, the most common medical isotope used for diagnostic testing.

The deal, which is equally financed by the two parties and scheduled to last until December 2016, builds on a $6.2-million agreement between the two agencies signed five years ago that resulted in the development of state-of-the-art accelerators both at TRIUMF and VECC in India.

This next phase has a two-prong focus, said Dr. Lia Merminga, head of the accelerator program at TRIUMF.

“One is to develop the science of rare isotope beams, the other is to develop the accelerator technology,” she said.

Research on the first point will focus on creating and studying new isotopes through the development of two rare isotope production facilities at TRIUMF, one of which will eventually be shipped to India.

The second point will see researchers focus on refining accelerator technology so that the world no longer needs to rely on nuclear reactors to produce large amounts of medical isotopes.

Fifty to 80 per cent of the world’s medical isotopes are created at the aging Chalk River nuclear reactor in Ontario, which caused severe shortages when it was shut down for maintenance in 2007.

But the team will work to develop particle accelerators that are small enough and cheap enough to place in individual hospitals, enabling medical centres to essentially produce isotopes to order, said Dr. Alok Chakrabarti, associate director for Accelerators at VECC.

“I think 10 years from now there will not be this problem (of isotope shortages),” he said.

The deal will also include long-term exchanges between scientists from both laboratories, as well as strengthen trade relations between Canada and India, said Merminga.

An essential part for the high-tech infrastructure to be exported to India will be manufactured at Pavac Industries in Richmond, she said, which could lead to a lucrative contract.

“This is only number one of several more to come. We expect in the future the Indians will be ordering … again from Pavac,” she said.

“It is totally aligned with more trade with India. Indian money goes into Canadian manufacturers.”

Tags: , , ,





Featured

New Westminster shooting Sikh Wedding

Sikh wedding shooting trial postponed for a year due to “matters that arose”

LARISSA CAHUTE VANCOUVER DESI The trial over a prominent Surrey broadcaster’s connection with a shooting at a 2010 Sikh wedding came to an abrupt halt…
Continue Reading »

Toronto-Vancouver-Punjabi

SAFA brings “India Live” to Vancouver’s block party on Granville Street

LARISSA CAHUTE VANCOUVER DESI Vancouver’s not-for-profit South Asian Family Association (SAFA) is bringing a new kind of festival to the downtown core that will offer…
Continue Reading »

India-Canada

Indian women’s hockey team beats Canada 4-2 in Glasgow

IANS Glasgow – The Indian women’s hockey team beat Canada 4-2 in the opening match of the Commonwealth Games here Thursday. The match started in…
Continue Reading »

LOCAL NEWS

New Westminster shooting Sikh Wedding

Sikh wedding shooting trial postponed for a year due to “matters that arose”

LARISSA CAHUTE VANCOUVER DESI The trial over a prominent Surrey broadcaster’s connection with a shooting at a 2010 Sikh wedding came to an abrupt halt…
Continue Reading »

Toronto-Vancouver-Punjabi

SAFA brings “India Live” to Vancouver’s block party on Granville Street

LARISSA CAHUTE VANCOUVER DESI Vancouver’s not-for-profit South Asian Family Association (SAFA) is bringing a new kind of festival to the downtown core that will offer…
Continue Reading »

Surrey-weight lifter-Commonwealth Games-Glasgow

Surrey weightlifter Parm Phangura bound for Commonwealth Games

MICHAEL BOOTH SURREY NOW FLEETWOOD — 163+205=368. That stark equation scrawled in the top corner of a chalkboard means little to a casual observer, but…
Continue Reading »

Don't Miss...

child abuse

Indian kidnappers agree to handover boy to parents on condition of swapping him for his sister

CEN AGENCY In a bizarre demand, parents of an Indian boy who has been kidnapped, were told that they could have youngster back if they…
Continue Reading »

Greece

Tipsy British tourist asked to leave church after mistaking it for a disco

CEN AGENCY A tipsy British tourist had to be asked to leave a church in Crete where he started dancing after local kids told him…
Continue Reading »

Kolkata-India-cruelty-abuse

Private tutor mercilessly beats child, CCTV footage sparks outrage (w/video)

IANS Kolkata – A shocking video of a private tutor mercilessly beating a three-and-a-half-year-old child, caught on CCTV footage, has sparked outrage across the country….
Continue Reading »

BC Sikhs

Frustrated Port of Metro Vancouver truckers want government to push companies to comply with action plan

THE CANADIAN PRESS VANCOUVER — Drivers servicing the country’s largest port urged government on Monday to take swift action against trucking companies, which they say…
Continue Reading »

Rashida Samji

B.C. Securities Commission finds Vancouver woman who ran a Ponzi scheme committed $100 million fraud

ALMAS MEHERALLY VANCOUVER DESI VANCOUVER – A B.C. Securities Commission panel has found that a Vancouver woman and two companies she controlled committed a $100-million fraud….
Continue Reading »


Bollywood Latest

Desi beauty

Gallery: Bollywood beauty Aishwarya Rai at Commonwealth Games opening ceremony

VANCOUVER DESI Longines Ambassador of Elegance Aishwarya Rai Bachchan attended the Opening Ceremony of Glasgow 2014. Take a look at photos from the opening ceremony….
Continue Reading »

Slam! The Tour  poster Horizdesi

Shah Rukh Khan, Deepika Padukone gear up for Bollywood extravaganzas in Vancouver, Toronto and the U.S.

IANS New Delhi – Superstar Shah Rukh Khan is ready to shake a leg with his fans in the US after a gap of 10…
Continue Reading »

Actress Alia Bhatt attends the Highway premiere during 64th Berlinale International Film Festival at Zoo Palast on February 13, 2014 in Berlin, Germany.Clemens Bilan/Getty Images

Alia Bhatt feels she’s too young to team up with Bollywood’s Khans

IANS Mumbai – Bollywood’s reigning Khans are in their late 40s and 21-year-old Alia Bhatt feels she needs to look more matured to look convincing…
Continue Reading »