VC Leading $100m Dementia Discovery Fund Reveals New Model
This article was originally published in Scrip
A very early stage fund run by a venture capital firm purely for the discovery of disease-modifying drugs for the treatment of dementia – the Dementia Discovery Fund (DDF) – has been launched. Six pharma companies, the UK government and the charity Alzheimer's Research UK have raised $100m in total in the first closing. It will be run by SV Life Sciences (SVLS), a leading international life sciences VC firm. SVLS's Kate Bingham tells Scrip why she believes the DDF could provide the breakthrough needed to develop new drugs to treat dementia.