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Venrock Launches $194M Healthcare Fund

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.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.

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