MedWatch

Life science investor adjusts organization to stay on top of its game

Fresh off of promoting several team members to partners, life science venture capital fund Healthcap's founder Björn Odlander talks about new strategy developments and why pension funds and endowments keep returning to the high-risk sector. He is, however, tight-lipped about past performance.

Photo: PR / Healthcap/Dan Coleman AB

Swedish venture capital firm Healthcap specializes in investing in companies that try to find and develop medical solutions to serious diseases such as cancer and genetic diseases.

It's a strategy the firm has had for a long time, and the decision was recently made to expand the team and promote several new partners to advance the efforts.

Five people have boosted the senior team: four of them were promoted from other roles, and the new hire that started in September completes the quintet. Most importantly, Healthcap has promoted Mårten Steen to co-managing partner alongside founder Björn Odlander.

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