Canadian biotech balance sheet

Posted by John Mc @ MaRS, February 5th, 2010

Money in the biotech industry

Money for the biotech industry?

BIOTECanada has made further announcements on the financial condition of the Canadian biotechnology industry.

A recent survey indicated that 70% of Canadian biotech companies have at least a year of cash on hand versus a mere 30% in July 2009.  According to the January 25 news release this turnaround was achieved by companies restructuring their operations (read “downsizing”) and increased access to foreign investment (read “fire sale”). With the important proviso that I haven’t seen the underlying survey data, I can’t help but wonder if the upswing in apparent financial viability was driven by closures of less financially fit companies than any genuine positive momentum.




Tune in to MaRS Future of Medicine™ Television!

Posted by John Mc @ MaRS, February 3rd, 2010

Future of Medicine TV

Watch MaRS Future of Medicine™ TV

Announcing the MaRS Future of Medicine™ online video channel highlighting outstanding presentations from the inaugural MaRS Future of Medicine™ Conference held in Toronto on November 12, 2009.

The mission of MaRS Future of Medicine™ is to showcase Ontario’s leading life sciences innovations, share best practices for commercial development and help facilitate industry partnership and investment. If you missed the sessions or just want a refresh, tune in now!




Cooking with RFK Jr.

Posted by Linda @ MaRS, February 2nd, 2010

Robert F. Kennedy Jr.

Robert F. Kennedy Jr @ MaRS

Listening to Robert F. Kennedy Jr. is a little like watching a talented chef in action.

His encyclopedic knowledge of his country’s myriad environmental ills, its rapacious corporate culture and legendary political pork-barreling, combined with his clear love of the American landscape itself, cooks up an inspiring feast for the cliche-weary listener. No wooden delivery here (in spite of a nagging vocal hoarseness for which he apologized).




Canadians support medical spending – is government listening?

Posted by John Mc @ MaRS, January 22nd, 2010

Click on the graphic to access the report

Click on the graphic to access the report

BIOTECanada has just released the results of a poll conducted by Angus Reid which assessed public sentiment towards health and medical research.  The poll was conducted in December 2009 and includes the views of of 1,003 Canadians.

Looks like it’s time to step up our support for this innovative sector!




Hotspots for digital media and mobile software

Posted by Tim @ MaRS, January 14th, 2010

What's the next app for mobiles?

What's the next app for mobiles?

How does one define “hotspot”?  Is it having lots of activities?  Is it having more infrastructure and a bigger capital funnel?  Or, is it developing products with the most sales?

The mobile software space is huge.  A mobile application could be strategic or revenue generating.  It could be a remote access terminal through the server-client model, a new product offering at a new price point, or a new platform enabling new corporate capabilities.  With more metrics than one could show in dashboards or scorecards, it is important to remember that “what gets measured is what gets done.”




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