SV joins CRUK on a $250M-plus fund with an eye on developing new cancer drugs
With its dementia fund up and running, SV Health Investors is kickstarting a new, specialized $250 million-plus fund to gamble on new cancer biotechs — doubling down on one of the hottest fields in biopharma. And they’re doing it with a big contribution from Cancer Research UK to help seed the effort.
CRUK is contributing $25 million to the cause, and opening some doors for SV along the way. The non-profit research group has a pipeline of 30 drugs it’s collaborating on in preclinical or clinical development, building on the 8 approved therapies that have helped fuel its scientific mission.
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