Canadian Biotech Venture Capital Firm Lumira Starts Hedge Fund to Target Oversold Public Companies
Canadian Biotech Venture Capital Firm Lumira Starts Hedge Fund to Target Oversold Public Companies. Vancouver, BC, September 19, 2022--Lumira Ventures, one of Canada's top investors in private health sciences startups, is launching a hedge fund to bet on publicly traded companies it believes have been oversold during the sector's meltdown in the past year. Lumira has previously raised four venture capital funds to invest in private health sciences companies - including its latest, a US$223-million fund last year that was the largest in Canada in two decades - and backed some of the top Canadia...