Aisling Capital Closes $280 Million Fund to Improve Global Health

Entrepreneurs / 6th November 2017

Aisling Capital, a late-stage life sciences investment firm that partners with companies to successfully bring novel medical therapies to market, today announced the closing of its newest fund, with $280 million in committed capital. The capital raised will allow Aisling Capital to continue helping clinical stage ventures improve global health by more rapidly bringing breakthrough medical treatments to market.

Aisling Capital will assist companies developing therapeutics to complete their clinical studies, navigate approval and ultimately reach commercialization. Portfolio companies gain access to Aisling Capital’s strategic counsel and deep experience in both financial and medical fields, along with its unmatched network that extends from regulatory organizations to leading pharmaceutical companies and financial institutions. Aisling Capital is determined to increase the number of quality medical therapeutics in development and get treatments into the hands of people who need it.

“Today, every biotech company must develop treatments that generate significant upside for patient care through profound impact on disease, fewer side effects, and a shift away from toxic therapies toward a personalized approach,” said Steve Elms, managing partner, Aisling Capital. “We are pleased to have the resources to continue to be a significant participant in our market and help the companies we invest in achieve this goal.”

“We’re extremely excited about the fund’s potential and remain dedicated to increasing the number of quality medical treatments in development across a broad range of therapeutic areas including oncology, aesthetic dermatology and women’s health,” said Andrew Schiff, M.D., managing partner, Aisling Capital. “Over the last 17 years, we’ve helped bring to market some amazing medical innovations and look forward to getting these new treatments into the hands of people who need them as quickly and efficiently as possible.”

Aisling Capital leverages the firm’s partners’ decades of capital markets and clinical experience to develop and bring to market breakthrough therapeutics that improve and save lives. The team is led by Managing Partners Steve Elms and Andrew Schiff, M.D.

You May Also Like

Masterclass Announces Richard Branson To Teach Disruptive Innovation

Entrepreneurs / 9th August 2022

MasterClass, the streaming platform where anyone can learn from the world’s best across a wide range of subjects, has announced that Richard Branson will teach a class on disruptive entrepreneurship. As...

Man working in office with headset

Tech Jobs Market Powers On With Strong Gains And Historically Low Unemployment

Career Climbers / 8th August 2022

The technology jobs market continued its run of gains, which contributed to the unexpectedly strong #JobsReport for the month, according to analysis by CompTIA, the nonprofit association for the information technology (IT)...