Navigation Links
RiverVest Venture Partners Sells Four Successful Life Science Companies for More than $1 Billion
Date:2/6/2012

ST. LOUIS, Feb. 6, 2012 /PRNewswire/ -- RiverVest Venture Partners today announced that it successfully sold four life science companies for more than $1 billion, generated upfront returns of up to five times the initial investment, and beat industry benchmarks.

"RiverVest has really separated itself from the pack," says Boston-based investor John F. Brooke, who manages the Vectis Healthcare & Life Sciences Fund, which is an investor in RiverVest Venture Partners Fund II, L.P.

RiverVest, which focuses exclusively on life science innovations, founded two of the four companies within the last four years, bucking recent trends for early-stage life science companies to take an average of five to eight years from initial investment to sale. RiverVest participated with several other leading venture capital firms in these investments.

"At RiverVest we strive to build early-stage life science companies to sell within three to five years, including companies we found," says Jay W. Schmelter, RiverVest managing director and co-founder. "Our strategy is to focus on a few high potential investments, take an active role, sometimes as interim management, and leverage our research, clinical, operational and investment expertise to make them attractive for strategic buyers."

In its payout last month, RiverVest Venture Fund II delivered a return on investors' capital exceeding the most recent benchmarks reported by Cambridge Associates, LLC, a leading investment advisory firm. When compared with other healthcare venture capital funds started in 2006, RiverVest Venture Fund II's Distributions to Paid-In Capital (D/PI), a common industry metric, is 63%, while the industry median was 15% and maximum was 55% as of Sept. 30, 2011[i]. That means that the RiverVest Fund II has returned more capital to investors than any fund in Cambridge Associates' Sept. report.

"Many people say the life science venture mod
'/>"/>

SOURCE RiverVest Venture Partners
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. John McKearn, Ph.D., Promoted to Managing Director of RiverVest Venture Partners
2. Aegis Analytical Corp. Showcases Discoverant at Inaugural Venture Capital in the Rockies Fall
3. Tengion Featured as Model of Innovation and Success at 35th Anniversary Celebration of the National Venture Capital Association
4. Core Laboratories Joint Venture Agreement Between genae associates, VIBGYOR Scientific Research, Cardiovascular Center Aalst and J.B. Dahm
5. BIO Ventures for Global Health Receives $7 Million Grant from Gates Foundation to Engage Biotechnology in the Fight Against Neglected Diseases of the Developing World
6. Simbionix Raises Largest Amount in Companys History in Venture Capital to Accelerate Growth
7. Sensorin Raises Equity Financing to Launch Novel Industrial Sensing Venture
8. MedTechIQ Selects TheBrain to Visualize Expansive Biointellingence Database and Connect the Dots Between Life Sciences, Medicine and Venture Capital
9. Calvert Research and Auburn University Announce Joint Venture
10. Genomas to Present at Life Sciences & Healthcare Venture Summit
11. Universal Bioenergy, Inc. Seeks Algae Feedstock Companies for Acquisition, Alliance, and Joint Venture Opportunities for Biodiesel Production
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/29/2014)... 2014 Quorum Review IRB, the ... awarded accreditation by the International Association of ... Six Sigma Deployment Program. The citation recognizes robust ... , Quorum’s Lean Six Sigma program was evaluated ... designation. The designation is a public statement of ...
(Date:7/29/2014)... San Diego, CA (PRWEB) July 29, 2014 ... added to Pipette.com’s centrifugation product selection. Eppendorf 5427 R ... reverse engineering, and DNA – it is targeted towards ... the Eppendorf Centrifuge 5427 R as it compliments their ... as their Eppendorf line of microcentrifuge tubes, PCR tubes, ...
(Date:7/29/2014)... Lehigh Acres, FL (PRWEB) July 29, 2014 ... (FIB) ex situ lift out specimen preparation solutions, has ... and Trademark Office for specimen manipulation methods incorporating a ... Patent 8,740,209. This is the second company patent ... Lucille A. Giannuzzi. , These complementary patents ...
(Date:7/28/2014)... The Workgroup for Electronic Data Interchange (WEDI), ... health IT to create efficiencies in healthcare information exchange, ... has developed an issue brief titled, “What is ... HPID Workgroup, a part of WEDI’s Strategic National HPID ... and Medicaid Services (CMS) to identify common misuse of ...
Breaking Biology Technology:Quorum Review IRB Accredited by IASSC for Lean Six Sigma Deployment Program 2Quorum Review IRB Accredited by IASSC for Lean Six Sigma Deployment Program 3International Pipette Distributor, Pipette.com Announces the Addition of the Eppendorf Centrifuge 5427 R to Their Product Portfolio 2EXpressLO LLC Granted Second U.S. Patent for Innovative Specimen Preparation Methods 2WEDI’s HPID Workgroup Announces Release of Issue Brief: “What is the Difference Between a Health Plan and Payer?” 2
... May 15 Senetek PLC (OTC Bulletin Board: SNKTY), ... technologies that target the science of healthy aging, announced ... developments is now available by calling 877-SENETEK in the ... "We are pleased to provide this service to our ...
... Genetics, Inc. (NYSE Amex: ILI ) announced today ... Forum on Wednesday, May 20, 2009, at 2:40 p.m. EDT ... GA. Lewis H. Bender, Chief Executive Officer, will present an ... available genetic tests and recent milestones. "Genetic testing and personalized ...
... N.C., May 15 PRA International, a ... the annual meeting for the International Society for Pharmacoeconomics ... Experts from PRA,s Late Phase Services group will ... PRA,s capabilities. PRA,s Late Phase Services group supports ...
Cached Biology Technology:Senetek PLC Investor Hotline Goes Live 2Interleukin Genetics to Present at the 2009 BIO Business Forum 2PRA International Participating in Pharmacoeconomics and Outcomes Research Conference 2
(Date:7/29/2014)... A new study from UC San Francisco is the ... stressors accumulate overtime and accelerate cellular aging, these negative ... exercising and sleeping well. , "The study participants ... telomere shortening than the ones who didn,t maintain healthy ... said lead author Eli Puterman, PhD, assistant professor in ...
(Date:7/28/2014)... team of researchers led by the University of Arizona ... The genetic information will enhance scientists, and agriculturalists, understanding ... as enable the development of new rice varieties that ... to help solve global hunger challenges. , The paper, ... ) and evidence for independent domestication," was published online ...
(Date:7/28/2014)... have pinpointed a mechanism in part of the brain that ... it to both type 1 and type 2 diabetes. The ... Proceedings of the National Academies of Sciences . , ... a part of the hypothalamus known as the ventromedial nucleus ... glucose levels in the blood," said lead author Sabrina Diano, ...
Breaking Biology News(10 mins):Healthy lifestyle may buffer against stress-related cell aging, study says 2Generating a genome to feed the world: UA-led team sequences African rice 2Generating a genome to feed the world: UA-led team sequences African rice 3Generating a genome to feed the world: UA-led team sequences African rice 4Glucose 'control switch' in the brain key to both types of diabetes 2
... LA JOLLA, CA October 29, 2010 For ... has revealed the first-ever pictures of the formation of cells, ... on its own, the work could open new pathways for ... in ribosome formation. In addition, the techniques developed in the ...
... (NTU) and Imperial College London today signed an official ... initiative was previously announced by Prime Minister Lee Hsien ... Presently, the working name for the school is "Imperial ... To start in 2013, ICNMS will be positioned to ...
... A new study by University of North Carolina at ... anorexia nervosa are much more likely to have both unplanned ... serious eating disorder. These results may be driven by ... get pregnant because they are either not having menstrual periods ...
Cached Biology News:Scripps Research team 'watches' formation of cells' protein factories for first time 2Scripps Research team 'watches' formation of cells' protein factories for first time 3Imperial and NTU's new medical school aspires to be global health care role model 2Imperial and NTU's new medical school aspires to be global health care role model 3Imperial and NTU's new medical school aspires to be global health care role model 4Women with anorexia nervosa more likely to have unplanned pregnancies 2
... is most widely used in combination ... differentially stain nucleic acids following polyacrylamide ... solution, Pyronin Y stains RNA red, ... Chem comp: Dye content ...
... The loxP-cm-loxP cassette is ... prokaryotic cells. The prokaryotic promoter ... resistance is a slightly modified version ... higher transcription efficiency than the generally ...
... Agencourt AMPure is a ... that requires no sample transfer, ... efficiently purifies small and large ... or 384-well microplates. Agencourt AMPure ...
... is a magnetic bead-based PCR ... sample transfer, centrifugation or filtration ... and large PCR extension products ... Agencourt AMPure can easily be ...
Biology Products: