Helsinn Family Business Establishes $50m Start-Up Investment Fund

The family-owned Swiss firm Helsinn has taken its pastoral business approach into the incubation of promising biotech startups by setting up a $50m fund for injecting seed capital into promising prospects.

Creation of a $50m incubation fund focused on early-stage investments in areas of high unmet patient need has been announced by Switzerland-based Helsinn Group.

The privately-owned Swiss firm plans to initially invest directly in 10 to 15 companies, providing scientific and clinical strategy guidance,...

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