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Launch of Fountain Healthcare Partners, a Life Science Venture Capital Firm
Date:4/29/2008

king the firm the most experienced life science VC firm based in Ireland. As former members of Elan Corporation's corporate VC group, Fountain's principals have invested in 25 life science companies prior to setting up Fountain. These include Acusphere, Allergy Therapeutics, Idun Therapeutics (acquired by Pfizer), Atrix Laboratories (acquired by QLT Inc.) and Sirna Therapeutics (acquired by Merck & Co.).

The EIF's investment in Fountain is though the European Union's Competitiveness and Innovation Framework Programme ("CIP")

Contact Information:

Ireland:

Aisling Garvey Tel: +353-1663-3607

FD - Dublin +353-8741-69662

UK & Europe:

Deborah Scott/John Dineen Tel: +44(0)20-7269-7193

FD - London


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SOURCE Fountain Healthcare Partners
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