goodnight irene, page-9

MackAttack FWIW most big pharma big biotech have venture funds as do Amgen - it's not so much about price performance it's all about the science & what it means to the company into the future.

Maybe, maybe not but I do know you certainly can't "guarantee" anything lol :-)




Amgen Ventures


As a company formed with venture capital funding more than 25 years ago, we understand the challenges faced by early-stage biotechnology companies. In 2004, we announced the formation of Amgen Ventures, our corporate venture capital fund. With an initial investment of $100 million, the fund is designed to provide emerging biotechnology companies with resources to develop pioneering discoveries focused on human therapeutics. Amgen Ventures reflects Amgen's commitment to helping patients by transforming cutting-edge scientific discoveries into novel treatments for serious illness.

As an important component of Amgen’s overall outreach strategy, Amgen Ventures invests in early-stage biotechnology companies focused on discovering and developing human therapeutics. The fund, which focuses primarily on areas of current therapeutic interest to Amgen, offers early-stage companies access to our extensive capabilities while providing us with insight into external research innovations that may pave the way for future collaborations.

Amgen Ventures, based in San Francisco, also leverages existing Amgen sites, including Seattle, Thousand Oaks, and Cambridge.

Criteria for Investment

Amgen Ventures funds early-stage companies developing human therapeutics. While the fund’s focus is primarily in areas of current therapeutic interest to Amgen, we also seek out novel modalities with the potential to address targets in both current and emerging therapeutic areas of interest. The fund considers important technology breakthroughs that may provide the opportunity to advance the creation of human therapeutics.

Typical Investment

Investments are made on a case-by-case basis, but Amgen Ventures typically invests up to $2 to 3 million per company per round with $10m invested over the life of the company.

Therapeutic Areas of Focus

Therapeutic areas of focus for Amgen include: Oncology, Inflammation, Hematology/Nephrology, Metabolic Disorders, Neuroscience and Cardiovascular.