Bruce Power is partnering with The Princess Margaret Cancer Foundation to support cancer research, education, and clinical care through a $360,000 donation aimed at benefiting patients locally and internationally.
The funding announcement coincided with the four-year anniversary of the commercial launch of Bruce Power’s Isotope Production System (IPS). In October 2022, Unit 7 became the first commercial power reactor globally to produce lutetium-177, and the subsequent addition of a second line established the energy provider as a dependable global supplier of the cancer-fighting medical isotope.
The three-year financial commitment will directly support theranostics fellowships at the Princess Margaret Cancer Centre, which is part of the University Health Network. Theranostics combines targeted imaging with radiation therapy to identify and treat specific cancer cells.
“Bruce Power continues to be a strong partner in creating more ordinary tomorrows for patients and their loved ones,” said Dr. Miyo Yamashita, President and Chief Executive Officer, the Princess Margaret Cancer Foundation. “This generous donation will be instrumental in helping to fund vital research and clinical care at Princess Margaret Cancer Centre, one of the world's leading cancer research and treatment centres.”
“We’re proud to support the great work the Princess Margaret Cancer Foundation and UHN do to help in the fight against cancer,” said James Scongack, Chief Operating Officer and Executive Vice-President, Bruce Power. “Everyone knows someone who has been affected by cancer and medical isotopes are helping to provide targeted therapies to treat this disease we hope research will help eradicate.”
The deployment of the Isotope Production System relies on an international partnership involving Bruce Power, the Saugeen Ojibway Nation, Isogen, and ITM Isotope Technologies Munich SE.
Building on this framework, Bruce Power and the Saugeen Ojibway Nation finalized a $250-million expansion of their Gamzook’aamin aakoziwin isotopes partnership earlier this year. Backed by a provincial guarantee through the Indigenous Opportunities Financing Program, the expanded initiative enhances isotope delivery capabilities while generating long-term economic opportunities for the Chippewas of Saugeen and Chippewas of Nawash Unceded First Nations.
