European VC firms band together to tackle continent’s lacklustre capital

European venture capital (VC) firms have joined forces to establish the European Life Sciences Coalition (ELSC), the latest move by the continent’s life sciences industry to tackle a slump in its financial attractiveness. Life sciences VC titans Sofinnova Partners and Novo Holdings are among the nine founding members of the group, which has been created in association with Invest Europe, a trade association representing VC, private equity, and infrastructure sectors. Those within the ELSC framework coll ...