The Connaught Fund

Recognizing excellence. Creating impact.

Stephen Lye

is a Connaught Researcher

U of T research could lead to child health revolution

What is Connaught?

The discovery of insulin by U of T’s Fredrick Banting and Charles Best in 1921 led to international recognition for the Connaught Medical Research Laboratories – the first lab to produce insulin commercially. In 1972, U of T established the Connaught Fund after it sold the Connaught Medical Research Laboratories to the Canadian Development Corporation for approximately $29 million.

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