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New UK Life Sciences VC Fund Aims To Tap CRUK R&D And Accelerate Drug Development

 
• By Sten Stovall

Cancer Research UK has formed a partnership with SV Health Investors aimed at funding innovative science created from CRUK’s research network.

Scientists
New VC fund will look for novel science in CRUK’s R&D network to invest in. • Source: Shutterstock

Cancer Research UK on 2 July said it entered a strategic partnership with venture capitalist group SV Health Investors that’s aimed at tapping the charity’s extensive R&D potential and commercializing novel oncology therapies more rapidly than might otherwise be possible.

Cancer Research UK (CRUK) – the world's largest independent funder of cancer research – said it was also investing at least $25m in SV Health Investors’ latest biotech-focused venture capital

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