The European Life Sciences Coalition (ELSC) launched in Brussels in association with Invest Europe to strengthen Europe's biotech and life sciences VC ecosystem by mobilizing public and private capital. 1 3 Members include heavyweight VCs like Novo Holdings , Sofinnova Partners , Forbion , Omega Funds , HealthCap , law firms Cooley and Covington & Burling , and the Flanders Institute for Biotechnology (VIB ). 1 2 4 5 Coalition members manage over €24 billion in life sciences assets and have invested in or founded more than 1,400 companies . 1 3 5 ELSC aims to address challenges like fragmented capital markets, regulatory hurdles, and low European VC share (7% globally vs. 63% US), pushing biotechs to list outside EU, by lobbying policymakers for reforms. 1 4 5 The coalition focuses on structural reforms, not subsidies, to retain innovation in Europe and engage on initiatives like the EU Biotech Act. 4 5 Sources: 1. https://www.fiercebiotech.com/biotech/european-l...
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