# ExCellThera to establish stem cell bioproduction facility in Montreal

ExCellThera will receive a repayable contribution of up to $4 million from Canada Economic Development to establish commercial stem-cell bioproduction facilities in Montreal, creating up to 150 jobs.

- Type: New facility
- Announced: 2020-11-13
- Where: Montreal, Quebec, Canada
- Value: $3.00M (4.00M CAD)
- Jobs: 150
- Status: announced
- Products: stem cell bioproduction
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [ExCellThera](https://endata.com/companies/51204.md)
- [Canada Economic Development for Quebec Regions](https://endata.com/companies/4025.md) (investor)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/excellthera-to-establish-stem-cell-bioproduction-facility-creating-up-to-150-jobs-thanks-to-government-of-canada-support-834078039.html), 2020-11-13: "ExCellThera will acquire state-of-the-art lab and production equipment with the aim of establishing commercial stem-cell bioproduction facilities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.