BARDA looks to get the jump on next pandemic with VC arm targeting 'transformative' tech
Five years after Congress first called for it — and a year and a half after a pandemic broke out — BARDA, the US’s top pandemic preparedness agency, is launching its own VC fund.
The new fund will invest in technologies that could be deployed against future outbreaks or other public health emergencies. It follows a similar model to other public health VCs, such as the Gates Foundation’s fund, giving capital to early-stage companies with promising platform technologies in exchange for assurances they use it partly for infectious diseases that might not have a significant market.
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