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General Information

Websiteventurefund.novar...
Phone+41 61 324 32 67
Email
Employees

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Offices

Cambridge, USA
Novartis Services, Inc. Five Cambridge Center
Cambridge, MA, 02142
USA

People

Executive Director
Managing Director

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Novartis Ventures

Novartis Ventures focuses primarily on the development of novel therapeutics and platforms. They balance the therapeutic focus with investments in medical devices, diagnostics or drug delivery systems. In their investments, they look for unmet need and clinical impact, novel proprietary science and understanding of mechanism, management and board experience and capital efficiency in the program.

They prefer to have their initial investment at the early stage to build the company and follow with additional investment in pace with the company’s progress. They continue their approach of larger focused investments and anticipate total investments up to USD 15 – 20 mil per company over its life, but it can be as little as 100,000 USD to get started. They will increase their activities to lead or co-lead deals further and remain open to participate in larger syndicates.

Sectors

  • New therapeutics & platforms
  • Medical devices/implants
  • Diagnostics/biomarkers
  • Drug delivery/biopolymers

Milestones

Investments

Company Date Round Size Participants
Intellikine 7/09Series B$51M6
Alios BioPharma 6/09Series A$8M3
Aileron Therapeutics 6/09Series D$40M6
Alios BioPharma 2/09Series A$24M3
Diagnoplex 12/08Series A$8.3M2
Catalyst Biosciences 12/08Series C$40M7
Proteostasis Therapeutics 8/08Series A$45M5
Biofisica 4/08Unattributed$2.3M3
Aileron Therapeutics 4/08Series B$10.5M2
LigoCyte Pharmaceuticals 4/08Series B$28M4
Aileron Therapeutics 12/06Series A$7M2

Videos

Sources

  1. Intellikine, Inc.: Series B $51M (onbiovc.com) [edit]
  2. Alios raises another $8M (fiercebiotech.com) [edit]
  3. Aileron Therapeutics Closes Series D Financing (zibb.com) [edit]
  4. Alios BioPharma, Inc. Completes First Closing of Series A Financing with Commitment of $24 MM from 3 (aliosbiopharma.com) [edit]
  5. Diagnoplex Closes CHF10 Million ($8.3 Million) Series A Financing (bio-medicine.org) [edit]
  6. Catalyst Biosciences Raises $40 Million in Series C Financing (fiercebiotech.com) [edit]
  7. Proteostasis Therapeutics Secures a $45 Million Series A Financing to Develop Proteostasis Regulator(TM) Drugs (reuters.com) [edit]
  8. Capital Funding Report [edit]
  9. Aileron ramps up business on heels of positive results (boston.bizjournals.com) [edit]
  10. Capital Funding Report [edit]
  11. Aileron scores $7M in new venture funds (fiercebiotech.com) [edit]
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Last Edited 7/28/09

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