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A Seattle venture firm focusing its investments on biopharmaceutical companies is raising a new $400 million fund, according to U.S. Securities and Exchange Commission filings made last week.

Frazier Healthcare’s seventh fund follows a $600 million fund formed in 2008.

The firm’s investment strategy focuses on companies with development-stage biopharmaceutical therapeutics and occasionally medical devices.

To read the full, original article click on this link: Biopharmaceutical VC firm Frazier Healthcare raising new $400 million fund