Paul Kim, CEO & Managing Partner of Medivate Partners comments: "Our mission is to invest in novel life science product & service firms in Asia and North America. The investment in Sillajen demonstrates our continuing commitment to fuel the growth of innovative biotech/healthcare firms. With operations in both Seoul and San Francisco, Sillajen is uniquely positioned to deliver cutting edge biology in latest oncolytic immunotherapy development and Sillajen will be one of the firms to lead the oncology innovations from Asia."
Prior to investing in Sillajen, Medivate Partners has invested USD 17 million in WCCT Global, a contract research organization (CRO) located in the U.S. Medivate Partners is one of the first Asia-based private equity firms to invest in cross border life sciences firms. WCCT Global is planning to list in the Korean stock market.
Medivate Partners is a private equity and venture capital firm that focuses investment in biotech/healthcare industry in Asia and North America. The firm is well positioned to capture surging healthcare investment opportunities between Asia and North America, and looks to arbitrage the unique cross border investment advantages. While closing its second fund, Medivate Partners quickly built a reputation for providing inner circle access to top caliber syndicates and successful life science deals in Asia and North America.
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SOURCE Medivate Partners, Inc.