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B2Discovery: Entrepreneurs and researchers join forces to conquer cancer
Date:6/7/2010

Montreal, 7 June 2010 The Institute for Research in Immunology and Cancer (IRIC) of the Universit de Montral launches B2Discovery, a new research funding model that brings together the private sector and the biomedical research community to help accelerate the discovery of new anti-cancer therapeutics. Inspired by B2ten, which contributed to the success of several Canadian athletes at the Vancouver Winter Olympics, B2Discovery's mission is to partner entrepreneurs with IRIC's cancer investigators to finance novel and promising research projects not currently funded by public granting agencies.

"The country's existing funding model meets only part of the needs of our researchers," explains Dr. Guy Sauvageau, Chief Executive Officer and Scientific Director of IRIC. B2Discovery aims to fill the gap by involving the business community. We believe that business leaders can play a key role in facilitating the discovery of new anti-cancer drugs. In supporting IRIC's elite investigators, they will be closely involved in discoveries that will have an impact on the fight against cancer and on the health of patients."

B2Discovery will support research projects in the three following key areas: identifying the causes of cancer, improving diagnostics, and developing cancer prevention drugs and targeted therapies to cure the disease.

Modelled after B2ten, a private sector initiative led by business leaders to assist Canadian amateur athletes in achieving excellence at the Olympic Games, B2Discovery aims to help IRIC scientists reach their goal of conquering cancer by providing them with additional financial support.

B2Discovery's innovative approach has already caught the attention of entrepreneurs such as Pierre Pomerleau, Chair and CEO of Pomerleau.

"Cancer is the leading cause of mortality in the country. To conquer this devastating disease, we must be innovative. B2Discovery proposes a bold new partnership model between
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Contact: Carolyne Lord
carolyne.lord@umontreal.ca
514-343-7282
University of Montreal
Source:Eurekalert  

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