ARTICLE | Finance
Ontario on oncology
Ontario Institute for Cancer Research seeds 3 companies from academic roots
May 3, 2010 7:00 AM UTC
The conventional gripe in Canada is that there is a dearth of early stage investment funds. But Ontario has an early stage vehicle that any U.S. state would be happy to have.
The Ontario Institute for Cancer Research has a C$100 million ($100.1 million) annual R&D budget that it invests in early university research up to Phase I trials within the province. Last week, it announced three seed investments...