IHS Chemical Week

EnviroTech :: Innovation

Merck KGaA Launches Venture Capital Fund for Start-Up Biotech Firms

4:53 AM MDT | March 23, 2009 | Deepti Ramesh

Merck KGaA says it has launched a venture capital fund dubbed Merck Serono Ventures, to invest in emerging biotechnology companies. The fund will support biotech start-up companies that have the potential to provide innovative products in Merck Serono’s core therapeutic areas such as neurodegenerative diseases, oncology and autoimmune & inflammatory diseases. The fund will also target companies developing innovative technologies that could enable the discovery and development of new products in Merck Serono’s core therapeutic areas. Merck Serono...

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