
Panacea closes second healthcare fund on $276m

Panacea Venture, a healthcare-focused investment firm established by James Huang, formerly a partner at KPCB China, has closed its second fund with approximately USD 276m in commitments.
The corpus comprises two vehicles, Panacea Venture Healthcare Fund II and Panacea Opportunity Fund I. A statement issued by the firm’s placement agent, Atlantic-Pacific Capital, did not specify the size...
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