AMSTERDAM – In the latest example of biotech venture capitalists and Big Pharma joining forces to prospect for products, Index Ventures announced March 21 that it had raised a new €150 million life sciences venture fund, Index Life VI, and said that GlaxoSmithKline PLC and Johnson & Johnson had committed a combined 50% of the fund’s total capital.
Index has been an early and vocal proponent of asset-centric investing, in which company creation is eschewed in favor of...