U of M: Annual Report 1997-1998 Research Highlights - Medical Research Gains Crocus Investment
Annual Report 1997-1998 '
Board of Governors Annual Report 1997-1998
Research Highlights

Partners in Development Medical Research Gains Crocus Investment

Two medical researchers, Alan Mutch and Gerry Lefevre, both of the department of anesthesia, have made discoveries that could lead to two new products to assist in the management of patients undergoing cardiac surgery or surgery following severe lung injury.

The biotechnology products will be commercialized and marketed by a new company, BioVar Life Support Inc., owned jointly by the two researchers, the University of Manitoba, and the Crocus Investment Fund, which invested $500,000. The Crocus Fund provides capital to Manitoba-owned businesses, and has targeted biotechnology as a growth industry in the province.

This is the first time the U of M has held equity in a company created as a direct result of research conducted at the university. The university can expect substantial economic benefits as the BioVar products are further developed and marketed.

More highlights of the research achievements of our faculty and students.

Industry Liasion and and Technology Transfer Research Collaboration and Partnerships

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