Nextech raises $40M for Oncology IV fund

Nextech Invest Ltd. raised the first $40 million of its planned $100 million Oncology IV fund, which it expects to close in the next 12 months. The firm intends to invest in eight to 10 companies developing cancer therapeutics or technologies over the next three years, specifically those with compounds entering clinical trials. Nextech declined to disclose investors in its fund. ...