Toronto businessmen Tom Ehrlich, right, and Michael Wilson, left, who launched Invest in Research which funds innovative research at the Princess Margaret Cancer Centre.Tom Ehrlich had just undergone successful treatment for Hodgkin lymphoma at Toronto’s Princess Margaret Hospital when he struck up a conversation with his oncologist about research.
That conversation was more than 20 years ago but it left an impression on Mr. Ehrlich. He knew from the venture capital world that for every successful start up there were many companies that don’t succeed. Mr. Ehrlich decided to devise a funding model that would encourage scientists, and donors, to take chances. He called it Invest in Research and teamed up with Mike Wilson, a
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