Neomed Institute

About:

NEOMED Institute is a not-for-profit R&D organization building an innovation ecosystem in Montréal.

Website: http://www.neomed.ca/

Twitter/X: NEOMEDInstitute

Top Investors: adMare Bio Innovations, Investissement Quebec, Government of Canada, Desjardins Venture Capital, Economic Development of Canada

Description:

NEOMED is a not-for-profit organization pioneering a new approach to drug development as a public-private partnership with government and biopharmaceutical companies. NEOMED is a response to the changing pharma R&D business model: in view of the considerable gap between basic research and later-stage drug development, we seek to create a bridge. We provide expertise and funding for academic labs and early biotechs, assisting them in bringing emerging therapeutic approaches to the stage of human proof of concept; at which point these de-risked projects will have gained significant value for NEOMED’s downstream partners.