Organization: Royal Bank of Canada

Neuromed raises US$25M for clinical development

Neuromed Pharmaceuticals has raised an additional US$25 million in a series D financing that brings its cumulative venture capital financing to $74 million. The new capital will be used to advance development of its lead compound for the treatment of chronic pain and its second development program for the treatment of anxiety, epilepsy and cardiovascular…

Concordia creates chairs and professorships

Concordia Univ’s John Molson School of Business has received more than $3 million for the creation of two research chairs and two distinguished professorships. The Lawrence Bloomberg Chair in Accountancy was inaugurated with a major donation from Bloomberg, a director and advisor to the National Bank of Canada. Dr Michel Magnan, a professor of accountancy…