Supporting Health Care Innovation in Ontario
Ontario Partners with Think Research Corporation to Support More Than 350 Jobs
Ontario is partnering with Think Research Corporation to help the company improve and expand its cloud-based technology platform and services, creating 228 new highly skilled jobs and retaining 130 positions in Toronto.
Think Research Corporation creates health care software that is used by more than 1,000 facilities in Canada, the United States and Europe. It offers a range of digital tools to help doctors, nurses and pharmacists better treat patients. The company's software also connects health care providers, allowing them to collaborate and share medical knowledge.
With support from Ontario's Jobs and Prosperity Fund, Think Research is improving and expanding its existing software so that patients and providers will have better access to innovative clinical solutions through one platform, allowing for seamless sharing of critical health care information to help ensure access to the best care.
Supporting health care innovation is part of Ontario's plan to create fairness and opportunity during this period of rapid economic change. The plan includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25 through the biggest expansion of medicare in a generation.
- Think Research’s platform will be the first health care cloud platform in Canada to bring together third-party technologies into one single platform.
- Ontario is investing up to $5 million through the Jobs and Prosperity Fund for this project. This is part of a larger overall investment by the company valued at $48.88 million. The project is scheduled for completion in September 2023.
- The Jobs and Prosperity Fund helps secure private sector investment in Ontario, allowing the government to partner with businesses that are creating jobs and enhancing productivity, innovation and exports. Every dollar invested through the fund leverages an average of $10 in private sector investments. Since January 2013, Ontario has announced over 32 projects with government commitments totaling over $650 million, leveraging over $6.8 billion in private sector investment.
- Jobs and Prosperity Fund projects are helping to create and retain over 40,000 jobs in Ontario at companies such as Biolab Pharma in Mississauga, MHI Canada Aerospace in Mississauga, Sofina Foods in Mitchell/Dublin, RWDI in Guelph, Apotex in Mississauga, Cyclone in Mississauga, Legend 3D in Toronto, Polycorp in Elora, Thales Canada in Toronto, Mitsui Hi-Tec Inc. in Brantford, Sandvine Incorporated in Waterloo, Huawei Canada in Ottawa, Markham and Waterloo, Superpufft in Mississauga, A. Lassonde Inc. in Toronto, Toyota in Cambridge and Woodstock and Linamar in Guelph.
“Supporting innovative and forward-thinking companies like Think Research is what the Jobs and Prosperity Fund is all about. This strategic partnership will help the company make an even greater impact on our health care system, while accelerating the growth of Ontario’s economy and creating high value jobs in the province.”
“New technologies are transforming our health care system by improving efficiency and making it easier to use. Through this exciting partnership, tools will be developed that encourage collaboration between health care providers, leading to better health for Ontarians now and in the future.”
“We are pleased to partner with the Ontario government on this exciting initiative as we transform our software solutions. With this investment, we will continue to solve modern medical challenges to better serve our customers, so they can provide high quality care and improve the lives of patients here in Ontario and around the world.”