QuestCap Inc. Appoints Lawrence Steinman and Mike Mccarthy to the Board of Advisors; Announces Investment of $1 Million in the Sunnybrook Research Institute's Covid-19 Research
The company announce an investment of $1 million in the Sunnybrook Research Institute's COVID-19 research. With these funds, Sunnybrook will establish the Sunnybrook Translational Research Group for Emerging and Respiratory Viruses ("SERV") and QuestCap will receive a 3.5% royalty on any revenues earned by Sunnybrook from the commercialization of any of the research done by SERV. Led by infectious diseases physician and microbiologist Dr. Samira Mubareka, SERV's work will focus on three crucial streams of research: vaccines and therapeutics, virus biology and transmission prevention. Dedicated investment in SERV means Dr. Mubareka and her team will be able to accelerate the pace of further research into COVID-19 at a crucial time.