Frazier Life Sciences Secures $630M for Evergreen Public Fund in Oversubscribed Fundraise

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Key Highlights

  • Frazier Life Sciences secures over $630 million in capital commitments for its Public Fund.
  • Public Fund total now reaches approximately $1.7 billion under the leadership of FLS executives.
  • The fund focuses on small- and mid-cap public biotech companies and later stage private investments.
  • Major portfolio successes include the acquisitions of Sierra Oncology, Chinook Therapeutics, and Alpine Immune Sciences.
  • FLS has overseen over 50 FDA approvals since 2010 across various portfolio companies.

Source: Business Wire

Notable Quotes

  • “We’re pleased by the strong growth and meaningful milestones we’ve seen from many companies in our portfolio within the Fund’s first three years.”  Albert Cha, Managing Partner at Frazier Life Sciences
  • “Since 2010, FLS companies have received FDA approval for over 50 new therapeutics.”  Jamie Brush, General Partner and Portfolio Manager at Frazier Life Sciences

SoHC's Take

The recent $630 million capital commitment to Frazier Life Sciences’ evergreen Public Fund highlights the growing confidence in the firm’s ability to support small- and mid-cap biotech companies poised to deliver groundbreaking therapeutics. By focusing on both public and later-stage private companies, FLS demonstrates a strategic approach to navigating market volatility while continuing to drive innovation in the life sciences sector. With a strong track record of successful acquisitions and FDA approvals, FLS remains a key player in shaping the future of biotech therapeutics.

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