Regeneron commits $500 million for new venture capital fund
A new investment fund has been launched by Regeneron (Nasdaq: REGN), with half a billion dollars to spend on biotech innovation.
The upswing in investor interest forms part of a broader industry trend, with an increasing number of companies opting to list on a stock exchange this year.
On the venture capital front, Regeneron’s move adds to existing funds that have been active in recent months, including ORI Capital, which has raised $260 million to spend on biotech, as well as Scion Life Sciences, which has $310 million.
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