Two billion euro vote of confidence in global biotech sector
Two Dutch venture capital firms have raised over 2 billion euros ($2.2 billion), providing a fillip to lately foundering confidence in the biotech sector.
Dutch firm Forbion has announced its largest fundraising to date, with 750 million euros for the Forbion Ventures Fund VI and 600 million euros for the Forbion Growth Opportunities Fund II.
The announcement brings the total value of funds under management at Forbion to 3 billion euros, money which will be spent on distinct segments of the biopharmaceutical sector.
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