CMDF Mourns Sudden Passing of Board Member Michèle Demers

    TORONTO, Feb. 13 /CNW/ - Canadian Medical Discoveries Fund Inc. ("CMDF")
is saddened to learn of the sudden passing of Michèle Demers, a member of
CMDF's board of directors since 2006. Ms. Demers died on Tuesday, February 10,
2009, at the Royal Victoria Hospital in Montreal following emergency surgery
for a brain aneurism the previous day. Ms. Demers was surrounded by her family
at the time of her passing.
    Ms. Demers was the President of the Professional Institute of the Public
Service of Canada, the largest multi-professional union in Canada and the
sponsor of CMDF since its inception. Ms. Demers had been active in the union
for more than 30 years. She dedicated her professional life to the care of
others and was a passionate advocate for the rights of her members.
    The board of directors is deeply saddened by the loss of their trusted
friend and colleague. CMDF was privileged to have had Ms. Demers serve as a
director on the board, and she will be dearly missed. The CMDF board offers
its deepest condolences to Michèle Demers' family and friends.

    About Canadian Medical Discoveries Fund Inc. (

    CMDF is one of Canada's most mature health sciences retail venture
capital funds, with approximately $120 million in managed assets. Established
in 1994, CMDF has venture capital investments in approximately 35 companies
involved in health sciences, biotechnology, diagnostics, medical devices, drug
discovery and development, health care delivery services and e-health.

    Further information can be found in the disclosure documents filed by the
Fund with the securities regulatory authorities, available at

For further information:

For further information: Steve Hawkins, President and CEO, Canadian
Medical Discoveries Fund Inc., (416) 601-2442

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