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Merck & Co., Inc. (MRK) Creates a $250 Million Venture Capital Fund


9/16/2011 7:11:25 AM

Today in the newly released September issue of IN VIVO we're reporting that Merck & Co., until recently one of the few large pharmaceutical companies seemingly disinterested in playing venture capitalist, is placing a significant corporate venture bet. o bets, actually. We told you a little about the first one -- The Global Health Innovation Fund -- back in March, but back then details were thin. And since the Spring that fund, set up to invest in non-pharmaceutical health care spaces, has doubled in size to $250 million (and it may yet grow some more).

Read at The IN VIVO Blog
Read at Xconomy

   

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