BioProcess360 Partners launch dedicated Life Sciences investment fund to grow emerging bioprocessing tools and technologies
17 Luglio 2024 - 11:15AM
BioProcess360 Partners today announced the launch of a new
investment fund to support businesses with the growth of emerging
tools and technologies used in the bioprocessing of traditional
mAbs and newer drug modalities. BioProcess360 Partners will support
businesses through R&D and commercialization challenges by
combining investment capital, support from industry experts and
connections to the leading global biopharmaceutical companies. The
fund is led by founding partners Chris Major, who established and
guided the Purolite Bioprocessing division to a $3.7B acquisition
by Ecolab (NYSE:ECL) in 2021, and Bradford Beatty of Rabbit Run
Partners, CIO and board member for multiple investments. Rabbit Run
Partners made its first Series A investment into Parhelia
Biosciences in 2023.
“The largest challenges businesses face when establishing new
technologies in the bioprocessing space typically stem from a lack
of access to real industry experience and knowledge required to
help them navigate through critical growth challenges. Being a
serial entrepreneur, I know exactly what it takes to be truly
successful in this space” said Chris Major, Founding Partner,
BioProcess360 Partners.
“Our goal is to support innovative bioprocessing technologies
which ultimately have a positive impact on patients. The industry
is rightly risk averse, so the role of BioProcess360 is to give
growing businesses direct access to experienced industry experts
who can give fast, practical, and genuine hands-on support to drive
innovation, overcome commercialization challenges and drive revenue
to bring those technologies into the marketplace.”
BioProcess360 Partners includes a team of 14 subject matter
experts to provide the investment portfolio with strategic,
operational and technical guidance on a range of areas including
R&D, manufacturing, regulatory compliance, product filing,
applications, process development, validation, GMP facility design
and quality, as well as commercial operations such as product
management, sales, and marketing.
“We have a very defined focus on bioprocessing. It’s where our
expertise lies but it’s also why we’re different to other
investment partners,” said Chris. “There’s a definite market gap
for a hands-on, collaborative operating partner who specialises in
enabling new bioprocessing technologies and businesses to reach
their potential. We are very comfortable making investments in this
space, probably more so than any other investment partner. This
allows us to move very quickly to provide the funding, connections
and experience to help those businesses succeed.”
Media Contact: Chris MajorEmail address:
enquiries@bioprocess360.com
Grafico Azioni Ecolab (NYSE:ECL)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Ecolab (NYSE:ECL)
Storico
Da Gen 2024 a Gen 2025