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AmerisourceBergen launches USD150m VC fund

AmerisourceBergen, a healthcare solutions company, has launched AB Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with emerging healthcare startup companies working to transform healthcare for people and animals globally.

AB Health Ventures will build on AmerisourceBergen’s ongoing commitment to delivering innovation for its customers.

AB Health Ventures will initially launch with USD150 million allocated for investment in early-to mid-stage health-related startups around the world. The fund will prioritise investments in entrepreneurs who are pursuing bold ideas in areas such as the future of pharmacy and distribution, clinical development and commercialisation of pharmaceuticals, practice solutions for healthcare providers, and animal health.

Touchdown Ventures, a firm specialising in corporate venture capital, will help manage the AB Health Ventures fund. Touchdown will work closely with senior executives of AB in all aspects of operating the fund.

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