Scotland’s $79m health venture

Jan 25, 2013 •

A £50m ($79m) venture fund, backed by the universities of Glasgow, Edinburgh, and Aberdeen, which aims to support life sciences and health technology, has been launched in Scotland.
Fund manager Rock Spring Ventures said it has more than £25m ($39m) secured from investors. Initial backers include the European Investment Fund (EIF), Scottish Enterprise, Strathclyde Pension Fund, and Rock Spring.
The Edinburgh-based fund will be used to provide financial support to young companies in the healthcare industry, including those…

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