Penn Medicine and Wharton Social Impact Initiative have launched an investment fund focused on the drivers of health equity.

US-based academic medical centre Penn Medicine and Wharton Social Impact Initiative have launched a $5m fund to invest in companies addressing health equity.

Penn Medicine is owned by University of Pennsylvania (UPenn), while Wharton Social Impact Initiative was launched by UPenn’s Wharton School.

Over the next three years, the Fund for Health will invest in up to 10 early-stage companies that provide goods and services that strengthen social determinants of health – such as food security or housing – for…

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