French government and pharma firms back €33M biotech seed fund
This article was originally published in Scrip
The French government has sunk €25 million into a seed company to back life sciences and healthcare start-ups. Industrial partners have added a further €8.5 million to give Inserm Transfert Initiative (ITI) €33.5 million in total to invest in around French 15-20 firms over five years.
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