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EMBL Ventures Gets $54M in First Closing of Second Fund

By Cormac Sheridan
BioWorld Today Correspondent

Thursday, December 8, 2011
EMBL Ventures GmbH took in €40 million (US$53.5 million) in a first closing of its second fund, bringing an additional tranche of early stage investment to Germany's cash-starved biotechnology sector. And it hopes to add at least another €10 million in a second closing.

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