Issue Date: June 21, 2010
Seeding A Province
It’s rough out there for the budding biotech entrepreneur. These days, finding cash to pull a project out of an academic lab or to conduct tests that prove an idea’s merit can be nearly impossible. For venture capitalists, the value generated from a start-up business is low, and the risk is often too high.
Officials from Quebec are trying to shake up the funding model in hopes of spurring innovation—and job creation—in the Canadian province. . . .
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