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GordonMD Global Investments and Partners Investment launch co-managed biotech fund
Contract Type
partnership
Description
Global asset manager GordonMD Global Investments and South Korea’s biotech-focused venture capital firm Partners Investment have joined forces to launch a co-managed fund for biotech investments. The fund, named GP-MLB Fund, aims to support pharmaceutical and biotech companies in both South Korea and the U.S. This partnership will facilitate connections with U.S. universities, hospitals, and corporations for clinical trials and technical partnerships, in addition to helping Korean companies expand internationally.