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Stock impact report

Arkin Holdings Raises $140 Million in Second Partnership Arkin Bio-Ventures II to Invest in Groundbreaking Pharma and Biotechnology Companies

Sol-Gel Technologies Ltd. (SLGL) 
Last sol-gel technologies ltd. earnings: 11/13 07:05 am Check Earnings Report
Company Research Source: Business Wire
- investors include Migdal and Phoenix Group –- New fund will invest in life sciences companies developing disruptive therapies in areas of high unmet medical need – HERZLIYA PITUACH, Israel--(BUSINESS WIRE)--Arkin Holdings, the largest and leading Israel-based life sciences investor, today announced a new partnership, Arkin Bio-Ventures II, to be funded with $140 million in capital commitments, from Arkin Holdings as well as an investor group including Migdal and Phoenix Group. The fund plans to invest in 10 to 12 private companies developing groundbreaking therapies such as gene therapy, RNA/DNA-based therapy, and targeted therapies for indications with high unmet medical needs.“Arkin Bio-Ventures II builds on the success of our earlier, well-established and lucrative fund. Together with our partners, we look forward to further successful investments in novel and world class technologies and organizations,” said Mori Arkin, founder and chairman of Arkin Holdings. "We are excited Show less Read more
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