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Reliance Life Sciences joins BioVenture IV

Mukesh Ambani led Reliance Life Sciences has become a limited partner in BioVenture IV - a healthcare fund floated by Boston based MPM capital. 80% of the fund assets will be invested in US and the remaining 20% in Europe and Asia. Preferred investment size is in the range of $20 - $50 million per venture.

via DNA


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