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# Precision NanoSystems
- URL: https://www.whiteroseintelligence.com/precision-nanosystems/
- Published: 2026-05-25T23:03:00.000Z
- Updated: 2026-05-25T23:27:09.000Z
- Author: Liam Sturgess
- Tags: Profiles, #docs, #organization, Organization, British Columbia, Canada, #toc, COVID-19, Pharmaceutical, Biotechnology

**Precision NanoSystems Inc.** is a Canadian biotechnology company based in Vancouver, British Columbia. The company was co-founded by Pieter Cullis, who also co-founded [Acuitas Therapeutics](https://www.whiteroseintelligence.com/Acuitas-Therapeutics).[\[1\]](#fn1) His co-founders are Euan Ramsay and James Taylor.

The company develops genetic medicine-based therapies, including "self-assembling" molecules that carry drugs and gene therapies directly into the cells of the human body using DNA and RNA encapsulated in lipid nanoparticles.[\[2\]](#fn2)[\[3\]](#fn3) It was launched with assistance from Genome British Columbia.[\[4\]](#fn4)

## History

Precision NanoSystems was founded in 2010 by Pieter Cullis, Euan Ramsay and James Taylor.[\[1:1\]](#fn1)[\[5\]](#fn5)

On May 14, 2019, Precision NanoSystems signed a license agreement to allow Daiichi-Sankyo to use its NanoAssemblr system.[\[6\]](#fn6)

### COVID-19

On March 24, 2020, Precision NanoSystems announced a partnership with FUJIFILM to use the NanoAssemblr system to develop and manufacture nanoparticle-based therapeutics.[\[7\]](#fn7)

Following the declaration of the COVID-19 pandemic, Precision NanoSystems focused efforts on developing a [COVID-19 vaccine](https://www.whiteroseintelligence.com/COVID-19-vaccine) candidate. On May 7, 2020, the company and Entos Pharmaceuticals announced a partnership "to produce clinical grade vaccines and therapeutics" — specifically, a "DNA COVID-19 vaccine".[\[8\]](#fn8)

[Gowling WLG](https://www.whiteroseintelligence.com/Gowling-WLG) advised Precision NanoSystems on an agreement with [CanSino Biologics](https://www.whiteroseintelligence.com/CanSino-Biologics) to develop a COVID-19 vaccine.[\[9\]](#fn9) This collaboration was announced May 20, 2020.[\[10\]](#fn10)

On June 17, 2020, Precision NanoSystems and Sirnaomics jointly announced a partnership to develop a "polypeptide nanoparticle-based RNAi therapeutic product."[\[11\]](#fn11)

The [COVID-19 Vaccine Task Force](https://www.whiteroseintelligence.com/COVID-19-Vaccine-Task-Force) considered a proposal from Precision NanoSystems on June 22, 2020.[\[12\]](#fn12)

Representatives from Precision NanoSystems met with the [Government of Canada](https://www.whiteroseintelligence.com/Government-of-Canada)'s [COVID-19 Joint Biomanufacturing Subcommittee](https://www.whiteroseintelligence.com/COVID-19-Joint-Biomanufacturing-Subcommittee) on July 6 and 10, 2020, to discuss a "biomanufacturing project."[\[13\]](#fn13)

On October 23, 2020, Canadian Prime Minister [Justin Trudeau](https://www.whiteroseintelligence.com/Justin-Trudeau) announced that he had awarded the company $18.2 million from the Government of Canada to develop an [RNA vaccine for COVID-19](https://www.whiteroseintelligence.com/COVID-19-vaccine).[\[14\]](#fn14) The funding came from [Innovation, Science and Economic Development Canada](https://www.whiteroseintelligence.com/Innovation-Science-and-Economic-Development-Canada)’s Strategic Innovation Fund (SIF), which focuses on supporting private sector-led vaccine and therapy clinical trials.

The company was acquired by Danaher on June 1, 2021.[\[5:1\]](#fn5)

In July 2022, Replicate Bioscience issued a press release announcing a partnership with Precision NanoSystems to “accelerate the creation, scale-up, and delivery of self-replicating RNA (srRNA) therapies.”[\[15\]](#fn15)

## Organization

During the COVID-19 pandemic era, Precision NanoSystems was a member of [BIOTECanada](https://www.whiteroseintelligence.com/BIOTECanada).[\[16\]](#fn16)

### Personnel

| Name          | Position                                                                        | Notes                                                                                                                                                                        |
| ------------- | ------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Pieter Cullis | Co-Founder[\[1:2\]](#fn1)                                                       | [Acuitas Therapeutics](https://www.whiteroseintelligence.com/Acuitas-Therapeutics), [NanoVation Therapeutics](https://www.whiteroseintelligence.com/NanoVation-Therapeutics) |
| James Taylor  | Co-Founder and Chief Executive Officer[\[17\]](#fn17)                           | \-                                                                                                                                                                           |
| Euan Ramsay   | Co-Founder and Chief Commercial Officer[\[17:1\]](#fn17)                        | \-                                                                                                                                                                           |
| Rupsa Gupta   | Formulation and Drug Delivery Intern (September 2018-April 2019)[\[18\]](#fn18) | [NanoVation Therapeutics](https://www.whiteroseintelligence.com/NanoVation-Therapeutics), Lower Mainland Bengali Cultural Society                                            |
| Caroline Ye   | Research Associate (February 2021-September 2023)[\[19\]](#fn19)                | [NanoVation Therapeutics](https://www.whiteroseintelligence.com/NanoVation-Therapeutics)                                                                                     |

### Investors

Investors in Precision NanoSystems include:[\[20\]](#fn20)

- 5AM Ventures
- Accel-Rx
- Northview LifeSciences
- Rising Tide
- Telegraph Hill Partners

## External links

- [Campfire Wiki](https://www.campfire.wiki/doku.php?id=pharmaceutical%5Fcompanies:precision%5Fnanosystems)
- [Website](https://www.precisionnanosystems.com/)

---

1. Cullis, P. (2019, June 25). *Innovation as a Driver for Personalized Medicine in British Columbia.* Reboot Communications. <https://web.archive.org/web/20210713174744/https://www.rebootcommunications.com/wp-content/uploads/2019/06/Cullis-Kelowna-June-2019.pdf> [↩︎](#fnref1) [↩︎](#fnref1:1) [↩︎](#fnref1:2)
2. *Create Transformative Medicines.* Precision NanoSystems. Retrieved March 8, 2022, from <http://archive.today/2021.07.24-200212/https://www.precisionnanosystems.com/> [↩︎](#fnref2)
3. Shore, R. (2016, February 25). *Vancouver-Based Nanomedicine Startup Targets Genetic Solution to Diseases.* Precision NanoSystems. <http://archive.today/2022.03.09-051358/https://www.precisionnanosystems.com/news-room/detail/vancouver-based-nanomedicine-startup-targets-genetic-solution-diseases> [↩︎](#fnref3)
4. *Annual Report 2020-2021.* Genome BC. Retrieved April 18, 2022, from <https://web.archive.org/web/20210703114654/https://www.genomebc.ca/wp-content/uploads/2021/06/GBC-5198-2020-21-AR-FINAL%5FWEB.pdf> [↩︎](#fnref4)
5. *Precision NanoSystem - Crunchbase Company Profile & Funding.* Crunchbase. Retrieved February 7, 2023, from <https://www.crunchbase.com/organization/precision-nanosystem> [↩︎](#fnref5) [↩︎](#fnref5:1)
6. Precision NanoSystems Inc. (2019, May 14). *Precision NanoSystems Signs License Agreement with Daiichi Sankyo for Use of the NanoAssemblr GMP System for Development and Manufacture of Nanomedicines.* GlobeNewswire. <https://www.globenewswire.com/news-release/2019/05/14/1823990/0/en/Precision-NanoSystems-Signs-License-Agreement-with-Daiichi-Sankyo-for-Use-of-the-NanoAssemblr-GMP-System-for-Development-and-Manufacture-of-Nanomedicines.html> [↩︎](#fnref6)
7. Precision Nanosystems. (2020, March 25). *Precision NanoSystems Announces Partnership with Fujifilm for the Development and GMP Manufacturing of Nanoparticle Based Therapeutics.* PR Newswire; CNW Group. <https://www.newswire.ca/news-releases/precision-nanosystems-announces-partnership-with-fujifilm-for-the-development-and-gmp-manufacturing-of-nanoparticle-based-therapeutics-826455790.html> [↩︎](#fnref7)
8. Lewis, J. D., & Entos Pharmaceuticals. (2020, May 7). *Entos and Precision NanoSystems partner to enable GMP manufacturing of DNA COVID-19 vaccine*. EurekAlert! <https://www.eurekalert.org/news-releases/898138> [↩︎](#fnref8)
9. Inman, P., Rong, L., Armitage, P., & Duxbury, P. (2021, January 8). *Gowling WLG advises on a trio of landmark COVID-19 projects.* Gowling WLG. <https://web.archive.org/web/20250512234227/https://gowlingwlg.com/en-ca/insights-resources/client-work/2021/gowling-wlg-advises-on-covid-19-projects> [↩︎](#fnref9)
10. *Precision NanoSystems 2020* (p. 14). (2020). Precision NanoSystems. [https://storage.ghost.io/c/a2/fe/a2fe3cea-8d77-4702-87d4-ff1fd8934d08/content/files/2026/05/2022-00448---IMV-Inc-and-Precisions-nanosystems-presentation-to-CVTF-June-2020.pdf](https://www.whiteroseintelligence.com/content/files/2026/05/2022-00448---IMV-Inc-and-Precisions-nanosystems-presentation-to-CVTF-June-2020.pdf) [↩︎](#fnref10)
11. Precision NanoSystems. (2020, June 17). *Sirnaomics and Precision NanoSystems Have Formed a Partnership*. PR Newswire; CNW Group. <https://www.newswire.ca/news-releases/sirnaomics-and-precision-nanosystems-have-formed-a-partnership-874774955.html> [↩︎](#fnref11)
12. *COVID-19 Vaccine Task Force Registry of Interests.* (2023, March 27). Innovation, Science and Economic Development Canada. <http://archive.today/2023.07.09-180656/https://ised-isde.canada.ca/site/biomanufacturing/en/covid-19-vaccine-task-force/covid-19-vaccine-task-force-registry-interests> [↩︎](#fnref12)
13. Innovation, Science and Economic Development Canada. (2022, July 7). *COVID-19 Joint Biomanufacturing Subcommittee.* Government of Canada. <http://archive.today/2024.04.30-223848/https://ised-isde.canada.ca/site/biomanufacturing/en/covid-19-vaccine-task-force/covid-19-joint-biomanufacturing-subcommittee> [↩︎](#fnref13)
14. Precision NanoSystems. (2020, October 26). *Prime Minister announces LSI spinoff to receive funding to develop an RNA Vaccine for COVID-19 | Life Sciences Institute.* University of British Columbia. <https://lsi.ubc.ca/2020/10/26/prime-minister-announces-lsi-spinoff-to-receive-funding-to-develop-rna-vaccine-for-covid-19/> [↩︎](#fnref14)
15. Replicate Bioscience. (2022, July 26). *Precision NanoSystems and Replicate Bioscience in licensing deal to scale up genomic medicines.* Cision Newswire. <https://web.archive.org/web/20230207015748/https://www.newswire.ca/news-releases/precision-nanosystems-and-replicate-bioscience-in-licensing-deal-to-scale-up-genomic-medicines-888682943.html> [↩︎](#fnref15)
16. *Member Listings*. BIOTECanada. Retrieved December 21, 2021, from <https://web.archive.org/web/20211221183627/https://www.biotech.ca/about/member-listings/> [↩︎](#fnref16)
17. *Precision NanoSystems 2020* (p. 17). (2020). Precision NanoSystems. [https://storage.ghost.io/c/a2/fe/a2fe3cea-8d77-4702-87d4-ff1fd8934d08/content/files/2026/05/2022-00448---IMV-Inc-and-Precisions-nanosystems-presentation-to-CVTF-June-2020.pdf](https://www.whiteroseintelligence.com/content/files/2026/05/2022-00448---IMV-Inc-and-Precisions-nanosystems-presentation-to-CVTF-June-2020.pdf) [↩︎](#fnref17) [↩︎](#fnref17:1)
18. *Rupsa Gupta*. LinkedIn. Retrieved September 9, 2024, from <https://www.linkedin.com/in/rupsa-gupta-8a70b9129/> [↩︎](#fnref18)
19. *Caroline Ye*. LinkedIn. Retrieved September 10, 2024, from <https://www.linkedin.com/in/caroline-ye96/> [↩︎](#fnref19)
20. *Precision NanoSystem - Funding, Financials, Valuation & Investors.* Crunchbase. Retrieved February 7, 2023, from <https://www.crunchbase.com/organization/precision-nanosystem/company%5Ffinancials> [↩︎](#fnref20)