Guest Contributor


Organizations:
Biofuture Fund, Business Development Bank of Canada, Exella Ventures, Future Fund Capital, GrowthWorks Capital, MDS Capital, NeuroMed Technologies Inc, Pictet & Cie, Royal Bank Capital Partners, and Trian Equities

NeuroMed raises $17 million to further clinical trials

Guest Contributor
February 12, 2001

NeuroMed Technologies Inc, Vancouver, has bucked the cooling trend in biotechnology financing raised $17 million to take its pain compounds up to the beginning of Phase II clinical trials. Its R&D into neur-onal calcium blockers aims to develop alternative painkillers to morphine and neuroprotective drugs for stroke. The second-round private financing was provided by GrowthWorks Capital, MDS Capital, Royal Bank Capital Partners, Trian Equities, Business Development Bank of Canada, Pictet & Cie, Biofuture Fund, Exella Ventures, Future Fund Capital and several individuals....


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