Chase Buys H&Q: Good News for Biotechs
This article was originally published in Start Up
Executive Summary
Some observers have predicted that H&Q's entrepreneurial, risk-taking culture would have trouble meshing with the more conservative Chase. Dennis Purcell, managing director of H&Q's healthcare division doesn't seem concerned and says that the working assumption is that it will be business as usual for his group. If anything, says Purcell, access to Chase's resources will ultimately benefit Chase's clients.
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