Intersuisse Bioscience Managers Pty Ltd (IB Managers), the Australian operation of International Bioscience Managers Limited (UK), was established in 2003, bringing together in Australia the essential elements of an international advisory and funds management group ("Bioscience Managers")
Bioscience Managers is unique in Australia bringing an international perspective together with the track record, networks and expertise required to convert that perspective into informed investment decisions and value enhancing opportunities. Bioscience Managers offers a multi-disciplined team and related activities in the northern hemisphere.
The IB Australian Bioscience Fund I, is a private equity style Life Science fund that will raise up to $100 million, based in Victoria and draw on the global resources of the Bioscience Managers network.
The Bioscience Managers Fund II, a $40m Innovation Investment Fund (IIF) is expected to be investing, in late 2009, in early to mid stage Australia private life science companies.
Bioscience Managers is currently assisting a number of Australian life science companies identify and implement commercialisation strategies. It has established working practices that have created an active deal log and benchmarks to assist Australian companies achieve international best practice.
