BDC, Solidarité fund invest in US venture firm

Guest Contributor
September 26, 2013

BDC Venture Capital and Fonds de solidarité FTQ are making commitments of $20 million and $10 million respectively to San Mateo CA-based Sanderling Ventures which, in return, will establish permanent operations in Montreal. The money will be used to establish a parallel fund to Sanderling's Venture Fund II to invest in early-stage life sciences projects with commercialization promise. Sanderling and other syndicate partners will then have the opportunity to provide the projects with further investment. Sanderling will take preclinical drug candidates through toxicology and early-stage clinical trials and those with promise will be supported through the full clinical process....


Other News






Events For Leaders in
Science, Tech, Innovation, and Policy


Discuss and learn from those in the know at our virtual and in-person events.



See Upcoming Events










You have 1 free article remaining.
Don't miss out - start your free trial today.

Start your FREE trial    Already a member? Log in






Top

By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively in accordance with our Privacy Policy and Terms of Service.