Canadian Medical Discoveries Fund Inc. (CMDF) is a venture capital investment fund that focuses exclusively on the thriving health science sector. Established in 1994, CMDF is Canada's most mature health sciences Labour Sponsored Investment Fund (LSIF) with approximately $200 million in managed assets.

The new management team has been extremely active in the strategic restructuring of the portfolio to minimize exposure to early stage investments and refocus the portfolio on later stage businesses. With the objective of reducing investment risk and accelerating positive performance, the portfolio has been refined from over 60 investments earlier in 2006 to approximately 35 investments at the end of the year.

The Manager believes that the revamped CMDF portfolio and new investment strategy strongly position the Fund to generate positive returns in the coming months and years.

Refocused Investment Strategy – Learn more...
New Management Team – Learn more...
CMDFAmalgamation – Learn more...

CMDF is registered as labour-sponsored investment fund corporation, sponsored by the Professional Institute of the Public Service of Canada, a national union representing scientific and professional employees in the federal, New Brunswick and Manitoba public services.