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Article: BioStar Private Equity Fund Closes First Round, Prepares to Invest in Medical Device Companies.
- Article from:
- Business Wire
- Article date:
- November 11, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/Health/Medical Writers
SAGINAW, Mich. & SAN FRANCISCO--(BUSINESS WIRE)--Nov. 11, 2003
BioStar Private Equity Fund, LLC completed its initial closing on November 1, 2003. The medical device venture fund is "a unique structure in venture capital investing." The medical Advisory Board members are at the center of the animal and human clinical evaluation of nearly all-new cardiovascular technologies and have a vested interest in the fund's success. Consequently, "we will not only be in a position to observe new technologies at their earliest stage, but invest in and fertilize their development and then provide the clinical leadership to ...