Biotech fund Amplitude Venture Capital aiming for investors in drug development [Toronto Globe and Mail (Ontario, Canada)]
Zymeworks Inc. (ZYME)
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Source: Toronto Globe and Mail
Biotech fund Amplitude Venture Capital aiming for investors in drug development A new Canadian-focused biotech venture fund spun out of Business Development Bank of Canada has raised more than $1-million as it aims to woo reluctant domestic investors to an asset class that has enjoyed one of its strongest years in Canada. Amplitude Venture Capital, led by former BDC fund managers Jean-François Pariseau and Dion Madsen, said it has secured financing from a handful of Quebec institutions that have been Canada’s most active funders of domestic biotech venture capital. They are Teralys Capital, Caisse de dépôt et placement du Québec, Fonds de solidarité FTQ and the Quebec government’s investing arm, Investissement Québec. Now, the pair hopes to reach their $2-million target by convincing other investors in Canada and abroad that there are more opportunities like the string of investment successes they’ve had at BDC. “We want to expand and amplify what we are doing,” said Mr. Madsen, who j
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ZYME
News
- Zymeworks Inc. (NYSE: ZYME) had its price target lowered by analysts at Citigroup Inc. from $17.00 to $16.00. They now have a "buy" rating on the stock.MarketBeat
- Zymeworks Inc. (NYSE: ZYME) had its price target lowered by analysts at Wells Fargo & Company from $14.00 to $12.00. They now have an "overweight" rating on the stock.MarketBeat
- Zymeworks Inc. (NYSE:ZYME) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Lost Money on Zymeworks Inc.(ZYME)? Contact Levi & Korsinsky Regarding an Ongoing InvestigationAccesswire
- Zymeworks Inc. (ZYME) Reports Q1 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
ZYME
Earnings
- 5/2/24 - Miss
ZYME
Sec Filings
- 5/3/24 - Form 8-K
- 5/3/24 - Form 424B5
- 5/3/24 - Form 424B5
- ZYME's page on the SEC website