Novartis Venture Fund

What they do

Novartis Venture Fund's primary focus is 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 needs and clinical impact, novel proprietary science, an understanding of mechanism, management and board experience, and capital efficiency in the program. Novartis Venture Fund prefers 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. Their approach involves larger focused investments, with anticipation of total investments up to USD 30 to 50 million per company over its life, but it can be as little as 100,000 USD to get started. They plan to increase their activities to lead or co-lead deals further and remain open to participating in larger syndicates.

What they look for

Through the Novartis Venture Fund, we look to grow and develop novel therapeutics and platforms that we believe will address unmet patient needs across the healthcare spectrum and the world.

Stage

Seed, Series A, Series B+

Sectors

Healthcare

Based

Basel, CH