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Swiss VC Launches New Fund With Orphan Drug Aspirations

 
• By Lucie Ellis-Taitt

Basel-based BioMedPartners has launched a new CHF75m venture capital fund, BioMedInvest III, boosting financing opportunities for startups and mid-sized biotechs in the sparse European market.

Swiss venture capital firm BioMedPartners has launched its third healthcare investment fund with CHF75m ($75.1m) to pour into a dozen or more European firms – and the VC has its eye on emerging businesses in the orphan drug space.

Thomas Moeller, general partner at BioMedPartners, said the new BioMedInvest fund – which has a final target size of CHF120m...

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