Montreal, June 5 2015. The five Contenders of the second AmorChem KNOCK OUTTM Event valiantly climbed into the ring yesterday at the Lumira Capital-AmorChem Event to duke it out against a panel of Heavyweight Champions for a chance to win a coveted $500,000 financing from AmorChem. Earlier in the year, AmorChem, the innovative Quebec-based venture capital seed fund, launched a country-wide call for proposals to participate in its KNOCK OUT Event.
All the Contenders displayed remarkable courage and agility in the ring, yet only one could stand victorious.
It is with pleasure that AmorChem announces the winner of the 2015 KNOCK OUT Event:
Dr. Fackson Mwale
“LINK N peptide as a therapeutic agent to treat intervertebral disc degeneration, arthritis and pain”
Lady Davis Institute for Medical Research and McGill University
“The 2nd Edition of AmorChem’s KNOCK OUT was a great success,” says Elizabeth Douville, General Partner at AmorChem. “We created this Event to increase the Quebec and Canadian research communities’ awareness of AmorChem and reach out to researchers who may not have been aware of the possibility of commercialising aspects of their work. This Event definitely reached those goals.”
“The Heavyweights had a tough job in making a selection,” comments Inès Holzbaur, General Partner at AmorChem. “We would like to thank the Contenders for rolling with the punches, our Heavyweights for bringing their individual expertise into the ring today and Christopher Hall for successfully keeping everyone battling within the rules.”
The final bell has rung; AmorChem now looks forward to working with Dr. Mwale.
This KNOCK OUT was held on June 4th 2015 as part of the Lumira Capital-AmorChem Event, a conference highlighting the respective roles of the two venture capital groups in the financing of the R&D continuum.
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