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venBio Raises $528M for Fifth Life Sciences Fund

by Jasmine Pennic 08/05/2024 Leave a Comment

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What You Should Know: 

– venBio, a leading life sciences venture capital firm, announced the successful closing of its fifth fund, venBio Fund V, with over $528M in capital commitments. 

– The new fund will focus on investing in biopharmaceutical companies developing innovative treatments for unmet medical needs.

venBio Fund V Focus

With a strong track record of successful investments in companies such as Labrys Biologics, Aragon Pharmaceuticals, and Seragon Pharmaceuticals, venBio has established itself as a prominent player in the life sciences investment landscape. The new fund will allow venBio to continue supporting promising life science companies through various stages of development, from early-stage research to clinical trials. The firm’s active involvement in portfolio companies includes providing strategic guidance, operational support, and access to a vast network of industry experts.

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