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Venrock Launches $194M Healthcare Fund

Xconomy National — 

Venrock Associates says it has formed Venrock Healthcare Capital Partners with a $194 million fund to invest in public and late-stage private healthcare companies. The venture firm, which has offices in Cambridge, MA, New York, Palo Alto, CA, and Israel, now has $2.2 billion under management. Venrock’s previous healthcare investments in Boston, San Diego and Seattle were highlighted in Luke’s recent story about the economic challenges facing the venture capital business.