News > May > 2013

02nd May 2013

£100m life sciences fund makes first investment

The new £100m Wales Life Sciences Investment Fund has made its maiden investment in Merthyr Tydfil-based Simbec Research. Two previous directors, Howard Jenkins and Trevor Tanner, have acquired the company from its former parent, the Canadian Altasciences Group, to make it an independent Welsh company once more. The deal is the first investment for Wales’…