Fredericton, New Brunswick – Total investment in New Brunswick’s health research sector skyrocketed to $59 million in 2022, a 26 per cent increase over the year before.
Damon Goodwin, chief executive officer of New Brunswick Health Research Foundation (NBHRF), said total investment in health research has been rising steadily in the province since 2008, when the NBHRF began with a $832,000 investment by the provincial government.
“Last year, a $4 million provincial investment in health research via the NBHRF generated $59 million in healthcare expertise and research value,” Goodwin said. “That success would not have been possible without the capacity that the NBHRF has built in the health research sector.”
The NBHRF is an innovation enabler and supports a wide range of health research projects from the ground up by providing initial funding, critical guidance to researchers — connecting them to funding sources and expanding their network. Projects developed with the NBHRF’s help can change lives, strengthen the health care system, and lead to new innovative health care solutions, business practices and new products.
“A thriving health research ecosystem benefits all New Brunswickers,” Goodwin said. “It attracts top talent to our province who work in our hospitals and teach the next generation of health professionals. It fosters a healthier population, strengthens our healthcare system and fuels economic innovation.”
New Brunswick Health Research Foundation