Organization: Institute for Biodiagnostics

ViOptix raises $12M for NRC-developed technology

ViOptix Inc, Fremont CA, has raised $12.2 million in series ‘D’ financing to further commercialize its tissue oximetry technology for reconstructive microsurgery. The funding was provided by Channel Medical Partners, Lincoln Funds International and existing investors Canadian Medical Discoveries Fund and Morningside Technology Ventures Ltd. ViOptix also maintains operations in Toronto (ViOptix Canada) which holds…

Neuroscience research given $5.5-million boost

The Brain Repair Centre, a multidisciplinary research collaboration based in Atlantic Canada, has received $5.5 million in funding to develop stem cell lines from adult sources for use to combat health afflictions such as Parkinson’s disease, Huntington’s, spinal cord injury and multiple sclerosis. The project will add to the growing concentration of neuroscience research in…