ARCH-allied AN Venture Partners raises $200M to build biotechs out of research from Japan
A new investment firm affiliated with ARCH Venture Partners has raised $200 million for its first fund as it seeks to back scientific research out of Japan to create new global biotech startups.
AN Venture Partners’ financing haul was disclosed in a Thursday SEC filing and comes the same week Osaka-based drugmaker Ono Pharmaceutical said it had doubled its own corporate VC arm to $200 million after having already backed 11 startups, including Photys Therapeutics.
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