Merck and CDRD Announce Joint Investment in the Canadian Life Sciences Ecosystem
he Canadian scientific community gathered in Ottawa this week to engage in a national dialogue on science, technology and innovation policy at the annual Canadian Science Policy Conference. Just prior to the Keynote Address at this event by the Honourable Kirsty Duncan, Minister of Science, Merck Canada Inc. and CDRD – The Centre for Drug […]
Lockheed Martin places big bets on defense start-ups
When Chris Moran took over the internal venture fund of Lockheed Martin in June 2016, the nation’s largest defense contractor had already been investing in start-up technology companies for nine years. More than $100 million had been invested in 22 separate companies since the fund launched in 2007. But Moran, as the new executive director and general manager of […]
Frazier Healthcare Partners raises $419M for life science venture fund, signaling huge interest in health investment
The U.S. healthcare system faces a myriad of challenges today, including uncertainty over federal regulation and shifting payer systems. You might expect that environment to give pause to many investors. But if Frazier Healthcare Partners’ latest round is any indication, investors aren’t wary of the health space — in fact, they’re chomping at the bit to get […]
Utah USTAR innovation center aimed at seeding aerospace startups
The Utah Science, Technology and Research Initiative, the state’s tech-focused economic development agency, will open the doors Friday on a new facility near Hill Air Force Base aimed at seeding new, Utah-based aerospace and innovation companies. The USTAR Innovation Center, located in Falcon Hill Research Park, can house multiple tenants, has co-working space and comes […]