How government can spark venture capital for biotech success

It’s best to put money in the game, but let the experts in the private sector decide on where to spend it, say industry reps.
University of Victoria researcher Martin Boulanger is partnering with Vancouver-based Zymeworks, which in June achieved the largest Canadian biotech initial public offering in a decade.
As the government looks to shape its venture capital policy, biotechnology industry representatives say it’s important to minimize direct government intervention, instead letting the private sector decide what companies to invest in. The Venture Capital Catalyst Initiative (VCCI), as announced in...

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