Forbion Eyes Late-Stage Opportunities With New Fund

Venture Capital Firm Raises Initial €470m

Looking to take advantage of the cool reception private biotechs are receiving from the public markets, a leading European VC is targeting investments of up to €70m per deal in firms with undervalued late-stage assets.

Euro currency
• Source: Archive

With sentiment turning against the biotech sector in the public markets, leading European life science venture capital firm Forbion has put together a new fund that could be worth €600m to tap into some of the continent's promising players that are searching for financing for their late-stage projects.

The VC has announced the initial close of €470m ($500m) for its second growth fund to invest in late-stage European life sciences companies

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