{"id":16823,"date":"2021-02-23T09:00:00","date_gmt":"2021-02-23T16:00:00","guid":{"rendered":"http:\/\/canadianglycomics.ca\/?p=16823"},"modified":"2021-02-24T14:38:45","modified_gmt":"2021-02-24T21:38:45","slug":"toronto-start-up-built-upon-glyconet-investigators-technology-raises-10-3-million-to-treat-post-surgery-pain","status":"publish","type":"post","link":"https:\/\/canadianglycomics.ca\/fr\/toronto-start-up-built-upon-glyconet-investigators-technology-raises-10-3-million-to-treat-post-surgery-pain\/","title":{"rendered":"Toronto start-up built upon GlycoNet Investigator&#8217;s technology raises $10.3 million to treat post-surgery pain"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"16823\" class=\"elementor elementor-16823\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-50db5261 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" 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href=\"https:\/\/canadianglycomics.ca\/fr\/training\/opportunities\/\" class = \"uael-sub-menu-item\">Opportunit\u00e9s d\u2019Emploi<\/a><\/li>\n\t<li id=\"menu-item-13814\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children uael-has-submenu uael-creative-menu\"><div class=\"uael-has-submenu-container\"><a href=\"https:\/\/canadianglycomics.ca\/fr\/training\/glycomics-resources\/\" class = \"uael-sub-menu-item\">Ressources<span class='uael-menu-toggle sub-arrow uael-menu-child-1'><i class='fa'><\/i><\/span><\/a><\/div>\n\t<ul class=\"sub-menu\">\n\t\t<li id=\"menu-item-12587\" class=\"menu-item menu-item-type-post_type menu-item-object-page uael-creative-menu\"><a href=\"https:\/\/canadianglycomics.ca\/fr\/training\/glycomics-resources\/\" class = \"uael-sub-menu-item\">Ressources en Glycomique<\/a><\/li>\n\t\t<li id=\"menu-item-20104\" class=\"menu-item menu-item-type-post_type menu-item-object-page uael-creative-menu\"><a 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class=\"menu-item menu-item-type-post_type menu-item-object-page uael-creative-menu\"><a href=\"https:\/\/canadianglycomics.ca\/fr\/news-events\/\" class = \"uael-sub-menu-item\">Nouvelles<\/a><\/li>\n\t<li id=\"menu-item-10695\" class=\"menu-item menu-item-type-post_type menu-item-object-page uael-creative-menu\"><a href=\"https:\/\/canadianglycomics.ca\/fr\/curioseity\/\" class = \"uael-sub-menu-item\">Le Blog CuriOSEity<\/a><\/li>\n\t<li id=\"menu-item-13365\" class=\"menu-item menu-item-type-post_type menu-item-object-page uael-creative-menu\"><a href=\"https:\/\/canadianglycomics.ca\/fr\/training\/webinar-series\/\" class = \"uael-sub-menu-item\">S\u00e9rie de webinaires<\/a><\/li>\n\t<li id=\"menu-item-10694\" class=\"menu-item menu-item-type-post_type menu-item-object-page uael-creative-menu\"><a href=\"https:\/\/canadianglycomics.ca\/fr\/news-events\/annual-reports\/\" class = \"uael-sub-menu-item\">Rapports Annuels<\/a><\/li>\n\t<li id=\"menu-item-10697\" class=\"menu-item menu-item-type-post_type menu-item-object-page uael-creative-menu\"><a href=\"https:\/\/canadianglycomics.ca\/fr\/news-events\/newsletters\/\" class = \"uael-sub-menu-item\">Bulletins d\u2019information<\/a><\/li>\n\t<li id=\"menu-item-11049\" class=\"menu-item menu-item-type-custom menu-item-object-custom uael-creative-menu\"><a href=\"http:\/\/www.symposium.canadianglycomics.ca\/\" class = \"uael-sub-menu-item\">Symposium Canadien sur la Glycomique<\/a><\/li>\n\t<li id=\"menu-item-10696\" class=\"menu-item menu-item-type-post_type menu-item-object-page uael-creative-menu\"><a href=\"https:\/\/canadianglycomics.ca\/fr\/news-events\/media-room\/\" class = \"uael-sub-menu-item\">Salle des m\u00e9dias<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul><\/nav>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-79dbe6e0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79dbe6e0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5fbcf78\" data-id=\"5fbcf78\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2e9fb7aa elementor-widget elementor-widget-spacer\" data-id=\"2e9fb7aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-43aa174b elementor-widget elementor-widget-text-editor\" data-id=\"43aa174b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 style=\"text-align: center;\">Toronto start-up built upon GlycoNet Investigator&#8217;s technology raises $10.3 million to treat post-surgery pain<\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49301622 elementor-widget elementor-widget-text-editor\" data-id=\"49301622\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><span style=\"color: #999999;\">University of Toronto News Staff \u2022 Posted: February 23, 2021<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-21db36c5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"21db36c5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-67f662e7\" data-id=\"67f662e7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6f60ae69 elementor-widget elementor-widget-image\" data-id=\"6f60ae69\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/canadianglycomics.ca\/wp-content\/uploads\/2019\/04\/Molly-Shoichet_Credit-Neil-Ta-1024x683.jpg\" class=\"attachment-large size-large wp-image-11323\" alt=\"\" srcset=\"https:\/\/canadianglycomics.ca\/wp-content\/uploads\/2019\/04\/Molly-Shoichet_Credit-Neil-Ta-1024x683.jpg 1024w, https:\/\/canadianglycomics.ca\/wp-content\/uploads\/2019\/04\/Molly-Shoichet_Credit-Neil-Ta-300x200.jpg 300w, https:\/\/canadianglycomics.ca\/wp-content\/uploads\/2019\/04\/Molly-Shoichet_Credit-Neil-Ta-768x512.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">GlycoNet Investigator Dr. Molly Shoichet. (Photo: Neil Ta)<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22c76945 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"22c76945\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-519999c2 elementor-widget elementor-widget-text-editor\" data-id=\"519999c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A startup born from the lab of\u00a0<a href=\"https:\/\/www.utoronto.ca\/celebrates\/molly-shoichet-receives-gerhard-herzberg-canada-gold-medal-science-and-engineering\">renowned University of Toronto researcher<\/a> Molly Shoichet, also a GlycoNet Investigator,\u00a0has received $10.3 million from investors to begin human safety trials on an injectable gel that can improve post-surgery pain treatment, the\u00a0<a href=\"https:\/\/www.theglobeandmail.com\/business\/article-top-scientist-brings-transformative-pain-treatment-to-market\/\"><em>Globe and Mail<\/em><\/a>\u00a0reports.<\/p><p>AmacaThera\u00a0is built on a gel technology developed by Shoichet, a\u00a0<a href=\"https:\/\/www.provost.utoronto.ca\/awards-funding\/university-professors\/\">University Professor<\/a>\u00a0in chemical engineering and applied chemistry and biomaterials and biomedical engineering, and her team. She co-founded AmacaThera with\u00a0Mike Cooke, who was a post-doctoral researcher in her lab.<\/p><p>The gel dramatically extends the duration of anesthetics injected at the site of a surgical incision, potentially eliminating the need to give patients the powerful post-surgery painkillers that frequently lead to opioid addiction.<\/p><p>Le\u00a0<em>Globe and Mail\u00a0<\/em>reported that the financing was led by Toronto\u2019s Lumia Ventures and backed by investors in Canada, the United States and Europe, including Viva BioInnovator, BDC Capital Women in Technology Venture Fund and Inveready.<\/p><p>\u201cThe work out of that lab is truly transformative and she\u2019s a leader in the space,\u201d Lumira Ventures Managing General Partner Peter van der Velden told the\u00a0<em>Globe<\/em>\u00a0<em>and Mail<\/em>.<\/p><p><a href=\"https:\/\/www.utoronto.ca\/news\/u-t-startup-raises-325-million-eliminate-prescription-opioids-after-surgery\">AmacaThera raised $3.25 million in its first round of financing in 2019<\/a>. It\u00a0received support from UTEST and the Creative Destruction Lab,\u00a0<a href=\"http:\/\/entrepreneurs.utoronto.ca\/entrepreneurship-programs\/\">two of U of T\u2019s entrepreneurship hubs<\/a>.<\/p><h6><a href=\"https:\/\/www.theglobeandmail.com\/business\/article-top-scientist-brings-transformative-pain-treatment-to-market\/\">Read more about AmacaThera in the\u00a0<em>Globe and Mail<\/em><\/a><\/h6><p>This article is republished from <a href=\"https:\/\/www.utoronto.ca\/news\/u-t-startup-raises-103-million-develop-post-surgery-pain-treatment-globe-and-mail\">U of T News<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65ca0c3f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"65ca0c3f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1228e42e elementor-widget elementor-widget-text-editor\" data-id=\"1228e42e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h6 style=\"text-align: center;\">Plus de <a href=\"http:\/\/canadianglycomics.ca\/fr\/news-events\/\">nouvelles de GlycoNet<\/a><\/h6>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ab035ac elementor-widget elementor-widget-spacer\" data-id=\"4ab035ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6b04da1a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b04da1a\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-624b5c7c\" data-id=\"624b5c7c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-41af709d elementor-widget elementor-widget-text-editor\" data-id=\"41af709d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"http:\/\/canadianglycomics.ca\/fr\/about\/\"><b>\u00c0 propos<\/b><\/a><\/span><br \/><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"http:\/\/canadianglycomics.ca\/fr\/about\/administration\/\">Administration<\/a><\/span><br \/><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"http:\/\/canadianglycomics.ca\/fr\/about\/glyconets-corporate-policies\/\">Politiques d\u2019entreprise<\/a><\/span><br \/><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"http:\/\/canadianglycomics.ca\/fr\/about\/governance\/\">Gouvernance<\/a><\/span><br \/><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" 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href=\"http:\/\/canadianglycomics.ca\/fr\/news-events\/newsletters\/\">Bulletins d\u2019information<\/a><\/span><br \/><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"http:\/\/symposium.canadianglycomics.ca\">Symposium Canadien sur la Glycomique<\/a><\/span><br \/><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"http:\/\/canadianglycomics.ca\/fr\/news-events\/upcoming-events\/\">\u00c9v\u00e8nements \u00e0 Venir<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-3905cbd\" data-id=\"3905cbd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d1eec3c elementor-widget elementor-widget-text-editor\" data-id=\"d1eec3c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"http:\/\/canadianglycomics.ca\/fr\/contact\/\"><b>Contact<\/b><\/a><\/span><\/p><p><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"https:\/\/forum.glyconet.ca\/index.php\/Main_Page\"><b>Forum<\/b><\/a><\/span><br \/><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"http:\/\/canadianglycomics.ca\/fr\/forum-help-and-faqs\/\">Aide pour le Forum et FAQ<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-311661b7\" data-id=\"311661b7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-76543a5 elementor-widget elementor-widget-image\" data-id=\"76543a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"297\" height=\"95\" src=\"https:\/\/canadianglycomics.ca\/wp-content\/uploads\/GlycoNet_logo_landscape_white-1.png\" class=\"attachment-large size-large wp-image-11877\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-670d1cfe elementor-widget elementor-widget-text-editor\" data-id=\"670d1cfe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>R\u00e9seau Canadien de la Glycomique<br \/>E5-33 Gunning\/Lemieux Chemistry Centre<br \/>University of Alberta, T6G 2G2<br \/>T\u00e9l.: 780-492-6204<br \/>T\u00e9l\u00e9c.: 780-492-4147<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2ad6de9b elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2ad6de9b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16abcf30\" data-id=\"16abcf30\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-28efe18 elementor-widget elementor-widget-text-editor\" data-id=\"28efe18\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a9 R\u00e9seau Canadien de la Glycomique (GlycoNet). Tous droits r\u00e9serv\u00e9s.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Molly Shoichet, founder of AmacaThera, talks about translating ideas from the lab to the market in the Globe and Mail.<\/p>","protected":false},"author":2,"featured_media":11323,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_canvas","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[202],"tags":[],"class_list":["post-16823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-network-profile","wpbf-post"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.4 - aioseo.com -->\n\t<meta name=\"description\" content=\"Molly Shoichet, founder of AmacaThera, talks about translating ideas from the lab to the market in the 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