Supporting innovation is essential to our prosperity

Only in French: Lettre ouverte – Rédigée par Mme Marie-Pierre Ippersiel, présidente et directrice générale, PRIMA Québec, et co-signée par les Directeurs généraux des RSRI * In its November 30 economic update, the Government of Canada announced $250 million over five years, starting next year, to support companies in innovation to stimulate growth and job…

CQDM is proud to contribute to the success of Medicago and its partners, winners of the 2020 RSRI Innovation Award from ADRIQ

Montréal (Quebec), November 19, 2020 — The prize rewards VLPExpressTM, a  plant-based vaccine discovery platform developed by Medicago in collaboration with McGill and Laval universities. The project was funded in 2009 by CQDM with contributions from Pfizer, Merck, the Ministère de l’Économie et de l’Innovation, and the Business-Led Networks of Centres of Excellence program from…

CQDM portfolio company Mesentech secures new capital to bring lead product to clinical phase

Montreal – November 11 2020 – CQDM congratulates Mesentech on securing additional investment to support the clinical development of their bone-targeting drug candidate MES-1007, a drug with the potential to reverse bone wastage in Duchenne Muscular Dystrophy and other skeletal fragility diseases in pediatrics. Link to Mesentech’s Press Release: click here. “CQDM’s investment enabled Mesentech…

Philip Tagari Appointed to CQDM’s Board of Directors

Montreal, October 5th, 2020 – Richard Fajzel, Chairman of CQDM’s Board of Directors and Diane Gosselin, President and CEO of CQDM are pleased to announce the appointment of Philip Tagari to the Board of Directors. Philip Tagari is currently Vice President of Research (Therapeutic Discovery) at Amgen Inc., one of the world’s leading biotechnology companies.…

CQDM Awards a Grant to Centre de Recherche du CHU de Québec-Université Laval …

Dr Yves Fradet / Dr Frédéric Pouliot CQDM Awards a Grant to Centre de Recherche du CHU de Québec-Université Laval for a Study Collaboration With Merck Canada to Identify Biomarkers of Response to Pembrolizumab in Patients with Localized but Aggressive Prostate Cancer Montreal, July 20, 2020 – CQDM is pleased to announce a grant for…

CQDM becomes a shareholder of Mesentech to support the validation of a highly promising bone-targeting drug delivery technology

Montreal, June 22, 2020.  CQDM is pleased to announce an investment in Mesentech Inc., an emerging biotech based in Vancouver, British Columbia, developing a bone-targeting technology platform to deliver drugs selectively to bone-tissue. The lead program, MES-1007, aims to restore bone density and strength in conditions such as osteogenesis imperfecta (brittle bone disease), congenital muscular…

Health Innovation: Investing Now to Face the Crises of Tomorrow

Open letter – Published in the Hill Times (Ottawa) June 29th 2020 (https://www.hilltimes.com/2020/06/29/health-innovation-investing-now-to-face-the-crises-of-tomorrow/254763)  &  Published on LaPresse website June 20th 2020 (https://www.lapresse.ca/debats/opinions/2020-06-20/innovation-en-sante-investissons-maintenant-pour-faire-face-aux-crises-de-demain) Health innovation will play a key part in the battle against the devastating effects of the COVID-19 pandemic. As we have been doing since the beginning of the crisis, the leaders of the…