BDC Launches a $150 Million Life Sciences Venture Fund

The Business Development Bank of Canada (BDC) today announced the launch of its $150‑million Life Sciences Venture Fund, created to support the next generation of Canadian companies in the sector. With this new Fund, BDC is aiming to complement the existing market by providing patient capital to trailblazing early‑stage seed and Series A companies, so that they can move from the lab to the market. It will focus on the two sectors where Canada has the most opportunities: therapeutic products and medical technologies.