WATERLOO — The University of Waterloo will benefit from a $30-million investment in juvenile diabetes research from the federal government and Juvenile Diabetes Research Foundation Canada.

Gary Goodyear, Cambridge MP and Minister of State for the Federal Economic Development Agency for Southern Ontario, announced the funding Monday morning on the Waterloo campus to establish a clinical trial network in southern Ontario with the goal of advancing research and developing new technologies in the treatment of juvenile diabetes.

The federal share is $20 million, while the Juvenile Diabetes Research Foundation Canada is contributing $10 million. The government funding is part of the southern Ontario Development plan aimed at creating jobs and promoting economic development.

UW is one of several southern Ontario institutions that will join the network, along with McMaster University in Hamilton.

University president David Johnston said the schools of computer science and pharmacy will be involved in collecting and analyzing data from clinical trials, with new statistical analysis jobs created on campus.