Connect with us

Subscribe

biotech

Bankrolling the biotech game-changers

|31 October 2016|

USA

A venture capitalist firm dedicated to supporting industries transforming our world has just raised $616 million dollars for the next generation of biotech pioneers.

The fund from Third Rock Venture will back innovative biotech startups and build on the company’s “strategy of creating innovative healthcare companies to make a meaningful difference in the lives of patients and their families”.

“We appreciate the ongoing support from all the investors participating in Fund IV. Over the years, we have continued to build a leading investor base that is supportive of our unique model – a hands-on, team-based approach of discovering, launching and building great companies based on bold ideas that meet at the intersection of science, strategy, business and medicine,” said Robert Tepper, M.D., partner at Third Rock. “Our investment has always been shaped by the ongoing tremendous innovation in science and medicine. We aim to be both the preferred partner to scientific innovators from academia, and the preferred provider of innovative programs in important disease areas to address the bio-pharma industry’s pipeline needs.”

 

 

Newsletter Signup

Iain Robertson
Written By

Iain is an experienced writer, journalist and lecturer, who held editorships with a number of business focussed publications before co-founding and becoming editor of Innovators Magazine. Iain is also the strategic director for OnePoint5Media.

Advertisement " alt="">

Biotech is saving our planet

biotech

Startup village for biotechs

start-ups

Your home of biotech news

biotech

Who said biotechs aren’t fashionable?

biotech

Connect
Newsletter Signup