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Centre for Commercialization of Regenerative Medicine

CCRM commercializes regenerative medicine technologies and cell and gene therapies. Led by Michael May, it bridges Canadian academia and industry.

Centre for Commercialization of Regenerative Medicine

CCRM, based in Montreal with offices in Vancouver and Toronto, operates as a non-profit catalyst for regenerative medicine commercialization. Michael May serves as President and CEO, overseeing an organization that brings together academic researchers, industry partners, and government stakeholders to advance cell and gene therapies. The entity lacks a publicly disclosed founding year but positions itself as a central coordinator in Canada's advanced therapies ecosystem. CCRM employs a collaborative model, developing and scaling companies at the interface of academia and industry. Its strategy covers regenerative medicine technologies, addressing key bottlenecks in commercialization through translational platforms. The firm works across asset classes, including direct company creation and infrastructure development — exemplified by OmniaBio's GMP-compliant manufacturing facility and CCVP's cell and gene therapy value platform. Geographic focus is primarily Canadian, with a national footprint across Quebec, British Columbia, and Ontario. In 2021, CCRM and CellCAN launched the Canadian Advanced Therapies Training Institute (CATTI) to address workforce shortages in biomanufacturing. CATTI, led by CEO Vanessa Laflamme and chaired by William Brock, offers training programs. The organization also operates the CCRM Foundation for strategic philanthropy in advanced therapies. These initiatives complement CCRM's industry network, which engages stakeholders across the regenerative medicine value chain. CCRM's structural differentiator is its hybrid model — a non-profit that functions as a company-builder, translational infrastructure provider, and workforce trainer, all focused on one therapeutic modality. This structure allows it to pool public and private resources for pre-commercial-stage technologies, a role normally split across venture capital, academic tech transfer, and government labs.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

North America

Country

Canada

City

Montreal

Corporate office

Montreal, Quebec, Canada

Additional offices

Vancouver · Toronto

Principals

Michael May

President and CEO

Sector focus

Healthcare Services

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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