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Thursday, December 19, 2024
Canada’s Politics and Government News Source Since 1989
Thursday, December 19, 2024 | Latest Paper

Shana Kelley and Keith Pardee

We need a moonshot for new diagnostics if we want effective pandemic control

Innovation Minister Navdeep Bains, pictured addressing reporters on the feds' COVID-19 response. Most venture capital investors avoid diagnostic technology startups as the margins on these products are low, commercialization scale-up costs are high, and it is therefore difficult to get financial returns that investors expect. The Hill Times photograph by Andrew Meade
Innovation Minister Navdeep Bains, pictured addressing reporters on the feds' COVID-19 response. Most venture capital investors avoid diagnostic technology startups as the margins on these products are low, commercialization scale-up costs are high, and it is therefore difficult to get financial returns that investors expect. The Hill Times photograph by Andrew Meade