Following a series of site closures and job losses within the pharmaceutical sector in Quebec, the drug giant Merck has announced a major multi-million dollar investment in the region, which involves partnerships with local universities.
The 'big pharma' company Merck Canada is partnering with Lumira Capital, together with some other and other venture capital firms, to launch a multimillion-dollar research and development fund to attract pharmaceutical firms into Quebec. The new venture, reported in the Winnipeg Free Press, will be called the Merck-Lumira BioScience Fund.
To read the full, original article click on this link: Quebec receives multi-million dollar pharma investment
