Multi-Million Dollar Corporate Development Fund Seeking Opportunities in Life Sciences – December 11, 2012

10 Dec

A US Mid-Atlantic-based corporate development group with assets in the hundreds of millions is looking for new opportunities in the life sciences space. The firm is an opportunistic investor meaning that the company would make an allocation if a compelling opportunity uncovered within the next three quarters, and thus the firm primarily considers investments on a case-by-case basis. The firm has an evergreen structure; which means that they provide companies with incremental payments throughout the development phase of the product or company, rather than providing all of the capital to a firm upfront in one lump sum. The firm’s allocation size typically ranges from $5-15 million, but has made allocations in the past as large as $25 million. The firm provides growth equity to life sciences firms, and is most interested in firms in the medtech, healthcare IT, and diagnostics space.

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