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€85m fund to create jobs in life sciences sector launched

A new €85m life sciences venture capital fund, into which the State has invested more than €15m, has

It is hoped the new fund will help create dozens of jobs in Ireland by increasing the availability of funding for emerging companies in the life sciences sector.

The Fountain Healthcare Partners 2 is expected to make ten to 15 investments in speciality pharmaceuticals, biotechnology, medical devices and diagnostics over the course of its lifetime.

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