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Article: Pittsburgh Life Sciences Greenhouse Negotiating with PA Early Stage to Manage up to $20 Million in Initial Pre-Seed Funding.
- Article from:
- PR Newswire
- Article date:
- March 18, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. 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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PITTSBURGH -- PITTSBURGH, March 18 /PRNewswire/ -- The Pittsburgh Life Sciences Greenhouse (PLSG), a partnership to put the region's life sciences industry on a fast track for growth, announced today it has entered into exclusive negotiations with PA Early Stage to manage the PLSG's initial contribution of $15 million in pre-seed and seed funds for investment into start-up and early stage life sciences companies.
PA Early Stage, a family of venture funds that makes investments in emerging companies, will be responsible for identifying potential life sciences investments in the region and managing those investments. In addition, PA Early Stage anticipates that ...