Medicxi Announces €500 Million Fund V
New fund will continue Medicxi's successful asset-centric company creation and investment strategy.
Medicxi has created 16 new companies, delivered over 20 positive clinical data readouts and has realised over
Medicxi V will continue the firm's focus on supporting drug hunters and entrepreneurs in creating asset-focused biotechnology companies to deliver transformative therapies for patients. The Fund will also invest in existing companies at all stages of development that align with Medicxi's asset-centric value creation strategy.
"Medicxi's longstanding success has been founded on its unique ties to leading global pharmaceutical companies and its world-class team of drug hunters and clinicians," said
"Medicxi's differentiated, capital-efficient investment strategy is rapidly scaling and we have now raised six funds in the last 10 years, totalling over €2.0 billion," said Giovanni Mariggi, Co-founder and Partner at Medicxi. "We are extremely grateful for the support that we have received from our existing and new limited partners, and we are excited to continue investing in cutting-edge science and accelerating the discovery of life-changing medicines for patients."
Medicxi also announced that
Notes to Editors
About Medicxi
Medicxi is a healthcare-focused investment firm with the mission to create and invest in companies across the full drug development continuum. Leveraging deep expertise in drug development and company creation spanning over two decades, Medicxi invests in early and late-stage therapeutics with a product vision that can fulfil a clear unmet medical need. For more information, please visit: www.medicxi.com.
View original content:https://www.prnewswire.com/news-releases/medicxi-announces-500-million-fund-v-302614897.html
SOURCE Medicxi
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