UNC Signs Deal with “Feasibility Gap” Investment Fund, Seeks $35M for Newcos
“The University of North Carolina at Chapel Hill has signed a deal with BioPontis Alliance LLC, a biomedical development partnership working to raise $35 million that can be used to further refine university discoveries into marketable products.
“Under this agreement, BioPontis would provide funding to get pharmaceutical and medical device breakthroughs to the point that venture funds would be interested in investing. [Triangle Business Jnl; read more]
BioPontis Alliance [website]