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Canadian Medical Discoveries Fund

Venture CapitalActive

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

Halifax, CanadaFounded 1994cmdf.ca
16
Investments
1
Exits
$100M
AUM
6.3%
Exit Rate

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Investment Thesis & Strategy

Canadian Medical Discoveries Fund invests in various stages of life sciences companies, specifically those within the life sciences sector, as a labor-sponsored investment fund.

Investment Activity

Deals per year over the last 14 years

1
2009
1
2010
0
2011
0
2012
0
2013
0
2014
0
2015
0
2016
1
2017
0
2018
0
2019
1
2020
0
2021
1
2022

Portfolio Companies

Selected investments from their portfolio of 16 companies

N
Northern RNA
Biotech · Seed, 2022
Active
V
Vasomune Therapeutics
Biotech · Series A, 2020
Active
P
ProMIS Neurosciences
Biotech · Growth, 2017
Active
T
Therapure Biopharma
Biotech · Growth, 2010
Active
M
Medicago
Biotech · Growth, 2009
Active

Notable Exits

CompanyTypeYearValue / Acquirer
Therapure BiopharmaAcquisition2015

Frequently Asked Questions

Canadian Medical Discoveries Fund focuses on Series A, Series B, Series C+ stage investments.

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