This site is intended for health professionals only
Thursday 27 June 2019
Share |

Index Ventures discusses €150mn life sciences fund

Kevin Johnson, a Partner at Index Ventures, discussed their recently launched €150 million life sciences fund at the BioIndustry Association's UK CEO and Investor Forum.

At the forum, which brought together 60 leading CEOs and investors from across the UK's life sciences sector, Kevin also described how Index's asset-based funding model works.

Speaking at the conference, Kevin said:
"Our asset-centric model funds building a company as a vehicle for a single programme without building infrastructure. These companies are lean operations, usually with up to six people, designed to take a therapeutic product from pre-clinical studies to a first-in-man trial.

"We have made two significant changes to how we establish companies. First, we have a pool of serial entrepreneurs who not only recognise opportunities and bring in deals to us, but also they are happy to be involved in those companies. Second, we want to be better informed about the projects we are choosing to invest in, and this is where our partnership with GlaxoSmithKline and Johnson & Johnson comes in because we can tap into their institutional memory. So far, it seems to be working out."

Steve Bates, BIA Chief Executive Officer, said:
"Kevin's comments provided delegates at our forum with excellent insight into one of a number of new funding opportunities that could help companies in the UK to traverse the 'valley of death'. I hope BIA member companies will approach Kevin to discuss future funding opportunities."


Index Ventures

Ads by Google

You are leaving www.nursinginpractice.com

You are currently leaving the Nursing in Practice site. Are you sure you want to proceed?

Close

Respect for nurses: Sign up to our e-petition TODAY

The Nursing in Practice Respect campaign is now live! Over the coming months, we're set to highlight the vital contribution and efforts of primary care and community care nurses throughout the UK.

As part of our campaign, Nursing in Practice is looking to call on parliament to set up a debate to celebrate the vital work that you do.


GET INVOLVED: SIGN OUR E-PETITION

Close

Calling all primary care nurses! 'Like' our Nursing in Practice Facebook page to enter our free draw to win a £25 M&S voucher




http://www.facebook.com/NursinginPracticeMagazine