Partners Innovation Fund, the investment vehicle of health system Partners Healthcare (PHC), has been extended to $100m following a $65m commitment to its Partners Innovation Fund II.
The cash injection came from Brigham and Women’s Hospital and Massachusetts General Hospital, two teaching hospitals of Harvard Medical School that are part of PHC’s network. The institutions had already provided the fund’s initial $35m capital in 2007.
Partners Innovation Fund invests in companies exploiting technologies developed by PHC’s hospitals.
The fresh funding…
