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October 26, 2016

PROFESSOR FRÉDÉRIC-GEORGES FONTAINE AWARDED FUNDING WORTH $124,900

Québec, October 26, 2016 – SOVAR is proud to announce that Frédéric-Georges Fontaine, a professor-researcher at Université Laval’s Department of Chemistry has been awarded a $124,900 grant from the Idea to Innovation Program (Phase I) of the Natural Sciences and Engineering Research Council (NSERC). This grant will be used for a pre-commercialization study on a new metal-free catalytic borylation process. SOVAR has been involved in this technology development project for over a year.

It is worth noting that this type of catalyst is easier to produce than the classic ones, costs significantly less and leads to easy purification. Unlike catalysts that include transition metals commonly used in today’s chemical industry, this non-toxic compound provides a considerable advantage in the production of organic molecules especially in the pharmaceutical and agro-chemical fields.

Two provisional patent applications filed in 2015 have resulted from this discovery, which has been published in the prestigious journal Science in July 2015 and has raised considerable media interest because of its enormous commercial potential.