Ontario Institute for Cancer Research
OICR is Ontario's non-profit translational cancer research institute, founded in 2005 and government-funded, that coordinates genomic, computational, and clinical cancer research across Ontario's universities, hospitals, and startups, and commercializes discoveries via its partner FACIT.
- Company typePrivate
- Founded2005
- HeadquartersToronto, Canada
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Ontario Institute for Cancer Research does
Ontario Institute for Cancer Research (OICR) is a non-profit translational cancer research institute founded in 2005 by the Government of Ontario and headquartered in the MaRS Centre in Toronto. It operates as Ontario's designated cancer research institute, coordinating research, clinical trials, and commercialization across 20+ Ontario communities spanning 10 universities, 25 hospitals, and 10 institutes, and collaborating with 750+ organizations in 49 countries. OICR's core beneficiaries are Ontario cancer patients (46,000+ reached through OICR-supported clinical trials, 21,000+ recruited to OICR-funded trials), clinician-scientists and researchers, and Ontario hospitals participating in networks such as the Canadian Cancer Clinical Trials Network (3CTN) and the Ontario Cancer Research Ethics Board (OCREB).
OICR's technology stack centers on genomic sequencing, bioinformatics, computational genomics, and adaptive oncology, anchored by open-source data infrastructure including the ICGC Data Portal (1.3+ petabytes), the Cancer Genome Collaboratory cloud (7.7+ PB storage, 2,592 CPU cores), the NCI Genomics Data Commons, the ICGC-ARGO platform (100,000 patient genomes with clinical data), and the Kids First Data Resource Portal. Drug discovery capabilities produced a first-in-class WDR5 protein inhibitor for MLL-rearranged leukemia, commercialized via spin-out Propellon Therapeutics. The Imaging Program, led by Dr. Aaron Fenster, developed proprietary 3D ultrasound systems for cancer diagnosis and treatment guidance.
OICR's business model is government-funded and non-commercial: primary funding flows from the Government of Ontario through the Ministry of Colleges and Universities, with supplementary public and private sector contributions. Services, research funding, investigator awards, and clinical trial support are provided at no direct cost to researchers and partners. Commercialization is handled by FACIT (Fight Against Cancer Innovation Trust), which provides seed capital and management to spin-out companies and has attracted $1.8 billion in investment to Ontario's life sciences sector across 38 startups since inception. Revenue is not publicly disclosed; specific figures are not stated in the source material.
Ontario Institute for Cancer Research firmographics
Firmographics- Name
- Ontario Institute for Cancer Research
- Legal name
- Ontario Institute for Cancer Research
- Website
- https://oicr.on.ca
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- OICR is Ontario's non-profit translational cancer research institute, founded in 2005 and government-funded, that coordinates genomic, computational, and clinical cancer research across Ontario's universities, hospitals, and startups, and commercializes discoveries via its partner FACIT.
- Ownership category
- akta.pro rank
Ontario Institute for Cancer Research industry classification
Industry- Product category
- Cancer Research Services
- NAICS
- Scientific Research and Development Services (5417), Research and Development in the Physical, Engineering, and Life Sciences (54171), Research and Development in Biotechnology (except Nanobiotechnology) (541714)
- SIC
- Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Clinical Trial Site Operations & Study Coordination (HLAGACAE)
- akta.pro secondary industries
- Electronic Lab Notebooks (ELN) (HLAGAJAB), Data Management, Biostatistics & Statistical Programming FSP (HLAGAOAB)
Keywords
Where Ontario Institute for Cancer Research is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Ontario Institute for Cancer Research business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Government Funding: OICR is primarily funded by the Government of Ontario through the Ministry of Colleges and Universities. It also receives supplementary funding from public and private sector partners. FACIT, its commercialization arm, attracts private capital investment to Ontario's life sciences sector.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Ontario Institute for Cancer Research product offering
Product offeringCore offering
OICR is Ontario's provincial cancer research institute that conducts and facilitates translational cancer research. It funds investigator awards, runs collaborative research programs, operates open-source genomic data infrastructure, supports clinical trials, and commercializes discoveries through its partner FACIT to bring innovations from the lab to patients.
Product overview
OICR (Ontario Institute for Cancer Research) is Ontario's provincial cancer research institute focused on translational cancer research. It is not a product company but rather a research organization that facilitates cancer research through collaborative networks, research programs, and strategic investments. The institute supports various research initiatives including genomic data platforms, clinical trials networks, tumor banks, and commercialization activities through its partner FACIT. OICR's work spans early detection, precision medicine, therapeutic innovation, and adaptive oncology research programs.
Differentiator
Problem solved
Functional benefit
Products and services
- ICGC Data Portal Open-source genomic data portal providing researchers worldwide access to over 1.3 petabytes of cancer genomic data through the International Cancer Genome Consortium.
Quantifiable outcome
- Over 46,000 patients have accessed new cancer innovations through OICR-supported clinical trials
- +5 more outcomes
Companies that use Ontario Institute for Cancer Research
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Ontario Institute for Cancer Research technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ontario Institute for Cancer Research partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered minor and core.
- New England Biolabs (NEB)minorOICR researchers collaborate with New England Biolabs as part of scientific presentations and research collaborations at the 2026 AGBT Meeting. OICR scientists co-presented updates alongside NEB collaborators on advances in RNA sequencing, EM-seq, and infectious disease surveillance workflows.
- Memorial Sloan Kettering Cancer CenterminorOICR researchers collaborate with Memorial Sloan Kettering Cancer Center alongside NEB scientists on genomic sequencing sample preparation research presented at the 2026 AGBT Meeting.
- FACIT (Fight Against Cancer Innovation Trust)coreFACIT is OICR's strategic commercialization partner. Together they operate a uniquely integrated translational model that prioritizes Ontario. FACIT provides commercialization expertise, management resources, and seed capital to position OICR discoveries for market success. FACIT has attracted $1.8 billion in investment to Ontario's life sciences sector (2025) and supported 38 startups since inception.
- Structural Genomics Consortium (SGC), University of TorontocoreOICR's drug discovery group collaborates with the SGC at the University of Toronto on open science drug discovery projects including the WDR5 protein inhibitor for leukemia. SGC identifies target proteins; OICR's medicinal chemistry team optimizes drug-like compounds. The collaboration produced a first-in-class therapeutic candidate commercialized through Propellon Therapeutics.
- Canadian Cancer Clinical Trials Network (3CTN)core3CTN is a national network making cancer clinical trials more accessible to Canadians. OICR supports 3CTN to eliminate barriers to clinical trial access for patients across Ontario and Canada, contributing to a 79% increase in clinical trial participation over four years.
- Ontario Cancer Research Ethics Board (OCREB)coreOCREB provides centralized research ethics review for multi-centre cancer clinical trials in Ontario. In 2017-18, OCREB reviewed 96 new multi-centre studies — the highest number ever in a single year — supporting efficient province-wide trial coordination.
- International Cancer Genome Consortium (ICGC)coreOICR hosts the ICGC secretariat and data coordination centre. ICGC has collected, analyzed and shared genomes from over 20,000 untreated primary tumours and is on track to publish nearly 25,000 tumour genomes by 2018. OICR leads the Pan-Canadian Human tumour genome program.
- Pan-Canadian Human Tumour Genome Program / PCAWGcoreOICR led the PCAWG (Pan-Cancer Analysis of Whole Genomes) initiative involving over 700 researchers globally studying 2,800 complete genomes. This collaboration generated new insights into the often unexplored regions of the human genome.
- Ontario Health Study / Canadian Partnership for Tomorrow's Health (CanPath)coreOICR provides scientific leadership for CanPath (formerly the Ontario Health Study), Canada's largest health research platform. Over 320,000 Canadians from nine provinces are enrolled, enabling researchers worldwide to study the effects of genetics, behaviour, family history and environment on chronic diseases including cancer.
- Ontario Tumour BankcoreThe Ontario Tumour Bank (OTB) provides high-quality tumour tissue samples to researchers across Ontario and beyond, supporting cancer biology and therapeutic research.
- Kids First Data Resource Portal / NIH Gabriella Miller Kids First Program / Children's Hospital of PhiladelphiaminorOICR is building the Kids First Data Resource Portal in partnership with NIH and CHOP to link clinical and genomic data on birth defects and childhood cancers, helping researchers understand shared mechanisms.
- Global Alliance for Genomics and Health (GA4GH)coreOICR collaborates with GA4GH to ensure interoperability of cancer genomic data systems globally, enabling cross-border data sharing and research coordination.
- Ontario's universities and hospitals (20+ communities)coreOICR supports cancer research across 20+ Ontario communities including 10 universities, 25 hospitals, and 10 institutes, providing investigator awards, research infrastructure, and clinical trial support across the province.
- Stem Cell and Cancer Research Institute (SCCRI), McMaster UniversityminorOICR-funded researchers at SCCRI study leukemia (AML) using sophisticated experimental models and clinical investigation to understand why treatment fails and how bone marrow environments support cancer recurrence.
- Propellon TherapeuticsminorPropellon Therapeutics was created by FACIT to advance the WDR5 inhibitor toward clinical trials. FACIT provided startup management and seed capital, enabling the company to pursue pharmaceutical industry partnerships for the first-in-class leukemia drug candidate.
- Turnstone BiologicsminorTurnstone Biologics was created through OICR's ORBiT (Ontario Institute for Cancer Research/Ontario Cancer Institute – Business/Terminal) program to commercialize oncolytic virus cancer therapies. The company raised $54 million in 2016, Canada's second-largest biotech VC round that year.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
Ontario Institute for Cancer Research competitors and assessment
Company assessmentDirect peers
- Princess Margaret Cancer Centre: Toronto-based cancer research and treatment centre at University Health Network, directly comparable to OICR as a leading Ontario cancer research institution focused on translational research, precision oncology, and clinical trials.
- BC Cancer Research Centre: British Columbia's provincial cancer research institute, directly comparable as another Canadian provincial cancer research body conducting translational research, genomic sequencing, and clinical trials.
- Broad Institute of MIT and Harvard: Leading genomic and bioinformatics research institute operating large-scale cancer genomic data platforms, directly comparable to OICR's ICGC Data Portal, Cancer Genome Collaboratory, and cancer genomics infrastructure.
- Wellcome Sanger Institute: UK-based genomic research institute with major cancer genomics programs and large-scale data infrastructure, directly comparable to OICR's cancer genome sequencing and bioinformatics capabilities.
- The Jackson Laboratory: US-based independent genomics and cancer research institute, comparable to OICR in its focus on genomic science, translational cancer research, and open scientific infrastructure.
Broad incumbents
- Memorial Sloan Kettering Cancer Center: One of the world's largest and most established cancer research and treatment institutions, comparable to OICR as a comprehensive translational cancer research enterprise with genomic sequencing, clinical trials, and drug discovery programs.
- Fred Hutchinson Cancer Center: Major US cancer research centre with overlapping capabilities in translational research, genomics, clinical trials, and biotech commercialization, comparable to OICR's full-spectrum translational mandate.
- National Cancer Institute (NCI): US federal cancer research agency, comparable as a large-scale cancer research funding and coordinating body that partners with OICR (e.g., NCI Genomics Data Commons). Represents the larger incumbent OICR collaborates with rather than competes against.
- Cancer Research UK: The world's largest cancer research charity, comparable to OICR as a major non-profit translational cancer research funding organization with broad clinical trials and discovery programs.
Regional players
- Genome Canada: Canadian federal genomics research funding agency, comparable as a regional genomics research enabler that OICR has partnered with and that supports similar translational genomic research programs across Canada.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Ontario Institute for Cancer Research social profiles
Digital presenceOntario Institute for Cancer Research compliance and trust
Trust signalCompliance1 record
Ontario Institute for Cancer Research financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ontario Institute for Cancer Research leadership team
Management profileNumber of profiles
Profiles8 records
Ontario Institute for Cancer Research subsidiaries and ownership
Company hierarchySubsidiaries1 record
Ontario Institute for Cancer Research funding detail
Funding detailFunding overview
Funding rounds
Investors
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Ontario Institute for Cancer Research M&A and investment
M&A and investmentM&A
Investments4 records
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Frequently asked questions about Ontario Institute for Cancer Research
What does Ontario Institute for Cancer Research do?
OICR is Ontario's provincial cancer research institute that conducts and facilitates translational cancer research. It funds investigator awards, runs collaborative research programs, operates open-source genomic data infrastructure, supports clinical trials, and commercializes discoveries through its partner FACIT to bring innovations from the lab to patients.
Is Ontario Institute for Cancer Research a public or private company?
Ontario Institute for Cancer Research is a private company. It is classified as state government owned and is currently operating.
When was Ontario Institute for Cancer Research founded?
Ontario Institute for Cancer Research was founded in 2005. It employs 251 to 500 people.
Where is Ontario Institute for Cancer Research based?
Ontario Institute for Cancer Research is headquartered in Toronto, Canada, in the North America region.
How does Ontario Institute for Cancer Research make money?
One revenue line is on record: government Funding.
Who are Ontario Institute for Cancer Research's main competitors?
Direct peers on record are Princess Margaret Cancer Centre, BC Cancer Research Centre, Broad Institute of MIT and Harvard, Wellcome Sanger Institute and The Jackson Laboratory. Broad incumbents are Memorial Sloan Kettering Cancer Center, Fred Hutchinson Cancer Center, National Cancer Institute (NCI) and Cancer Research UK. Genome Canada is listed as a regional player.
Does Ontario Institute for Cancer Research have an API?
No public API is recorded for Ontario Institute for Cancer Research.
What industry is Ontario Institute for Cancer Research in?
Ontario Institute for Cancer Research's product category is Cancer Research Services. Its primary akta.pro industry code is HLAGACAE, Clinical Trial Site Operations & Study Coordination, with a secondary code of HLAGAJAB, Electronic Lab Notebooks (ELN). Its NAICS code is 5417 and its SIC code is 8731.