Abu Dhabi's $2 billion VC firm is set to launch a fund focused on healthcare. The man who's running it shared the 3 themes driving his strategy.
The firm is now preparing to launch a venture fund that'll focus on healthcare investing, with some cash allocated to the US, Ajami said.
During the coronavirus pandemic, VCs have continued to pour cash into healthcare startups.
Mubadala declined to say when the healthcare-focused venture fund will launch or how much money it'll have to invest.
Reuters first reported on the plan to launch the venture fund in April.
"At the end of the day, the healthcare problem in the US is a cost problem," Ajami said.
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