Canada’s Top corporate R&D spenders reported a 7.5% increase in FY2019 R&D spending, down from 2018 but still described as “a very strong year”
Organization: Research Infosource
The Short Report – Dec 16, 2020: Canada signs historic space treaty, robotic warehouse tech gets a boost, and more
Ingrid Waldron and HealthCareCAN receive top Research Canada advocacy awards, AbCellera’s IPO nearly triples in value on first day of trading, Diversity Institute’s report on the Canadian labour market during the pandemic is out, and an international AI hub specializing in pharmaceutical R&D opens in Montreal.
New data reveal little change in business R&D spending by top-ranked companies
Canadian companies’ R&D spending grew 1.3% in 2016 to reach $12.8 billion, according to a report of Top 100 Corporate R&D Spenders by Research Infosource Inc. By comparison, R&D spending increased by 6.9% between 2014 and 2015.
GSK launches $50-million Canadian VC fund
GlaxoSmithKline (GSK) has launched a $50-million venture capital fund to invest in early-stage, breakthrough research emanating from Canadian life sciences research institutions and start-up companies. The fund will be managed by SR One, GSK’s venture capital arm, which will assess opportunities in research from academic and health institutions, translational research centres and early-stage firms. Since…