Wellcome Trust launches new investment company

On January 3rd the Wellcome Trust launched a new healthcare venture capital fund through a subsidiary investment company, Syncona Partners LLP (“Syncona”).  Syncona is looking to develop a portfolio of investments in healthcare devices, diagnostics, therapeutics, information technology, and services.  Syncona will support early- and late-stage companies, as a majority investor or as part of a syndicate.  Syncona has starting capital of £200 million and will be looking to support investments between £1m and £20m to support the creation of sustainable healthcare businesses.

Further information is at http://www.wellcome.ac.uk/News/Media-office/Press-releases/2013/WTP041359.htm.

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