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Centre for Commercialization of Regenerative Medicine
CCRM brings together stakeholders, expertise, infrastructure and funding to accelerate the development and commercialization of regenerative medicines.
Centre for Commercialization of Regenerative Medicine
CCRM brings together stakeholders, expertise, infrastructure and funding to accelerate the development and commercialization of regenerative medicines.
General information
Firm type
other
Location
Region
North America
Country
Canada
City
Toronto
Corporate office
Montreal, Quebec, Canada
Additional offices
Vancouver · Toronto
Principals
Michael May
President and CEO
Sector focus
Frequently asked questions
Who makes investment decisions at CCRM?
Michael May is President and CEO, overseeing strategy and operations at CCRM. His background includes leading the organization's commercialization efforts, including company creation and partnership development. The organization does not publicly disclose an investment committee structure.
Is CCRM structured as a family office or a venture firm?
CCRM is a non-profit commercialization catalyst, distinct from both family offices and traditional venture capital. It operates as a collaborative platform that pools stakeholders from academia, industry, and government to develop and scale regenerative medicine companies.
Does CCRM make direct investments or only offer services?
CCRM creates and scales companies through its translational platforms and infrastructure, a hybrid of service provision and de facto company building. Its OmniaBio GMP facility and CCVP platform represent capital-intensive assets that support cell and gene therapy development.
What investment stages does CCRM target?
CCRM works primarily at the pre-commercial and early-stage interface, bridging academic research and industry. It focuses on technologies that address bottlenecks in regenerative medicine commercialization, often supporting ventures before they reach typical venture capital investment stages.
How is CCRM related to CATTI?
CCRM co-founded the Canadian Advanced Therapies Training Institute (CATTI) in 2021 with CellCAN to address the biomanufacturing talent shortage. Michael May sits on CATTI's board, and CATTI's CEO Vanessa Laflamme and board chair William Brock leverage CCRM's network. CATTI operates as a separate entity with its own leadership.
What sectors does CCRM explicitly focus on?
CCRM focuses exclusively on regenerative medicine, cell and gene therapies, and related advanced therapy technologies. It does not invest outside this therapeutic modality. Its DeepTech Bio Lab also incorporates AI, quantum, and data technologies to accelerate cell and gene therapy development.
Does CCRM maintain philanthropic structures?
Yes, the CCRM Foundation serves as a strategic philanthropy arm for advanced therapies. It is separate from CCRM's core commercialization and training activities, with a distinct philanthropic mandate.
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