NEOMED Receives $12 Million from Federal Government

"NEOMED, a not-for-profit organization whose mission is to create a bridge between academic research and the pharmaceutical industry, will receive $12 million in funding from the Government of Canada to help academic researchers turn their early discoveries into future medicines....NEOMED is situated within the premises of the NEOMED Institute, a research and development centre at the cutting edge of technology, in Technoparc Montreal's Saint-Laurent Campus. The NEOMED Institute acts as an open-access drug discovery hub hosting commercial enterprises, providing a unique environment to foster innovation, collaboration, and creativity...."