BioCentury
ARTICLE | Financial News

Beacon launches NY/NJ biotech incubator

March 20, 2018 11:10 PM UTC

Life science and real estate investment firm Beacon Capital launched a $30-$50 million incubator fund for life science startups in New York and New Jersey. The incubator, Beacon Pharma, will provide $30,000 to $1 million in seed funding, structured mainly as convertible debt, to biotechs that are "seeking JV and licensing partnerships to further develop their IP," as well as office, lab and manufacturing space...