AmerisourceBergen, a leading pharmaceutical distributor, is putting $150 million into a corporate venture fund focusing on healthcare entrepreneurs.
AB Health Ventures, the wholesale giant’s new venture capital fund, will first look to invest in early to midstage health-related firms both in the United States and abroad. According to management, the fund will target investments in businesses focused on pharmacy and distribution innovation, clinical development and commercialization of pharmaceuticals, practice solutions for healthcare practitioners, and animal health.
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Noah Washington May 12, 2022