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LSP Closes Mega Life Sciences Fund For Europe, But US Still Way Ahead

Family Offices And Pharma Commit Funding

 
• By John Davis

A new life sciences fund, LSP 6, is one of the largest fundraisings in Europe in the sector, and will invest in around 15-to-18 pharma or medtech companies.

Funds
• Source: Shutterstock

Promising news for Europe’s biotech start-ups that LSP (Life Sciences Partners) has closed its latest European life sciences fund at $600m has been tempered by estimates that the total amount of capital available to innovators in Europe is still around a fifth of that available in the US.

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