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27 Jan 2011

Merck Canada Boosts Investment in Drug Discovery

Merck Canada invests $5 million in CQDM to support biopharmaceutical research.

Merck Canada is investing another $5 million over five years to renew its partnership with the Quebec Consortium for Drug Discovery (CQDM) to continue its support of biopharmaceutical research in Quebec.


Merck is a founding member of CQDM, a not-for-profit organization whose mission is to identify, finance and support collaborative research projects focusing on key enabling technologies for drug discovery and development. It promotes synergies between academia and the biopharmaceutical industry by creating a network of exchange and cooperation for research conducted at universities, hospitals and at biotechnology and pharmaceutical companies.


"This new investment by Merck is

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