Rane Pharmaceutical Inc.

$25,000.00 CAD

≈ 4 months of average Canadian pay
Department
National Research Council Canada
Program
Industrial Research Assistance Program – Youth Employment Program
Recipient country
Canada
Fiscal year
2022-2023
Agreement period
May 1, 2022 – December 31, 2022
Reference
nrc-cnrc:172-2022-2023-Q1-989820

Published purpose

Rane Pharmaceutical has been actively involved in lipid manufacturing since 2016. During the recent Covid-19 pandemic, some novel lipid molecules became the key ingredient in developing mRNA and DNA-based vaccines against Covid-19 (SARS-CoV-2). There is also an increased interest in expanding the mRNA/DNA-based therapies into developing novel drugs for cancer and other rare diseases. We plan to meet this increased demand by developing our large-scale production capacity and investing in additional resources (Scientist / Business development and Infrastructure) to create rare and novel lipids. Dedicated business development staff will be hired to develop strategies to expand and reach international markets.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions