MSD recently announced today the launch of its Global Health Innovation Fund IDEA Studios, a new initiative established to fund and collaborate with entrepreneurs and early-stage companies focused on delivering transformative healthcare solutions.
Strategically located in the vibrant biotech hubs of Singapore and Berlin, respectively, the IDEA Studios will create an entrepreneurial environment and facilitate the cross-pollination of ideas to foster breakthrough innovation. As part of these efforts, MSD business teams in Asia Pacific and Europe will collaborate closely with GHIF portfolio managers to select and fund local entrepreneurs who are developing innovative healthcare solutions designed to enhance and improve patients’ lives.
“We are excited to build on GHIF’s track record of growth investing to collaborate with our colleagues in the Asia Pacific and European regions via the MSD IDEA Studio,” said Joel Krikston, Managing Director Venture Investments, GHIF. “We aim to fuel innovative solutions through strategic investments that will ultimately enable better access to our medicines and vaccines.”
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