Canadian Medical Discoveries Fund

investment firm

About

Founded in 1994, Canadian Medical Discoveries Fund invests in the life sciences sector and is a labor-sponsored investment fund.

  • Halifax,Nova Scotia,Canada

Details

Founded date
Jan 1, 1994
Operating Status
Active
Investor Type
Venture Capital

Canadian Medical Discoveries Fund (CMDF or the Fund) is a labour sponsored investment fund (LSIF), established in 1994, with venture capital investments in approximately 40 companies in the life sciences sector (mostly biotechnology, along with medical devices and health services companies).

Investments

Number of Investments
Number of Lead Investments
17
0
Canadian Medical Discoveries Fund has made 17 investments. Their most recent investment was on Jan 2, 2009, when Agrisoma Biosciences raised $2.32M.
Date Company Name
Round Money Raised Industry Lead Investor
Series Unknown $2.32M Biotechnology
Series B $19M Biotechnology
Jul 30, 2008 Cytochroma
Series C $45M Biotechnology
Series C $38M Biotechnology
Series B $22M Biotechnology

Exits

Canadian Medical Discoveries Fund has had 8 exits. Canadian Medical Discoveries Fund most notable exits include Natrix Separations ,   MethylGene

Date Company Name Exit Type Industry
Aug 28, 2017 Natrix Separations M&A Biotechnology Detail
Jun 28, 2013 MethylGene M&A Biopharma Detail
May 16, 2013 Ambit Biosciences M&A Biopharma Detail
Jan 8, 2013 Cytochroma M&A Biotechnology Detail
May 27, 2011 Aegera Therapeutics M&A Biotechnology Detail