Seven Hills Offers New Ways to Brings Pharmaceuticals to Market Investment: Life Sciences

Sunday Herald › December 27, 2006

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Summary

A SCOTTISH company has raised GBP3 million from wealthy Britons to back a new funding model for life sciences.

Seven Hills is fronted by high-profile moneymen and science chiefs and aims to provide an alternative to traditional venture capitalists by helping firms or universities finance the development of particular products to a stage where they can be commercialised.

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Extract

Seven Hills Offers New Ways to Brings Pharmaceuticals to Market Investment: Life Sciences

Rather than take equity stakes, Seven Hills provides expertise and pays for the development of the technology in exchange for a share of royalties and other pa...

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