California based SDS Ventures to launch Biotechnology private equity Fund
09/30/2010

California based SDS Ventures is launching a Biotechnology Fund in October 2010. The fund is raising up to $75 million with a focus on oncology biotechnology companies with at least one phase 3 drug in the pipeline.

Online PR News – 30-September-2010 – – California based SDS Ventures is launching a Biotechnology Fund in October 2010. The fund is raising up to $75 million with a focus on oncology biotechnology companies with at least one phase 3 drug in the pipeline.

SDS Ventures has already identified a California based prospective portfolio company and is currently in the due diligence stage. The fund is expected to close the first round of approximately $30 million by the end of 2010.

Former biotechnology CEOs and world renown researchers have already signed on to serve as the fund's independent advisors.