Ontario investing $2.5M in Siemens Healthineers to support domestic medical technology manufacturing
The Ontario government is investing $2.5 million in Siemens Healthineers through the Ontario Together Fund. The investment will help increase production capacity of the epoc Blood Analysis System, a handheld device that can analyze oxygen levels in blood, helping clinicians make faster decisions with lab-quality results at the patient�s side. The project is expected to create 93 jobs over five years. To scale up their production capacity, Siemens Healthineers is investing over $20 million into their Ottawa facilities to increase their manufacturing output.