
Tonic Bioventures
Venture fund advancing breakthrough drugs and medical technologies.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Seed | |
Total Funding | 000k |
Tonic Bioventures is a venture capital firm established in 2020 and based in Glen Burnie, Maryland. The firm was founded by a group of experts with experience in investment, preclinical, regulatory, clinical, and commercial operations. Key leadership includes General Partners Regina Leung, Jim Sergi, and Richard Moran.
The firm's mission is to leverage its expertise in early regulatory and clinical development to identify, validate, and advance innovative drugs and medical technologies. Tonic Bioventures' investment strategy focuses on reducing common investment risks by guiding clinical translation and regulatory approval, creating suitable business models, and maturing the technology with on-demand services to ensure a successful exit. The firm invests in life science assets, from asset-centric products to large-scale science product platforms.
In January 2021, Tonic Bioventures announced the formation of a new life science venture fund in partnership with CSSi LifeSciences, a contract research organization (CRO). This fund aims to accelerate breakthrough medical technologies from the proof-of-concept stage to full commercialization. The fund plans to make 12 to 16 investments over a three-to-five-year period, targeting sectors such as therapeutics for cancer, neurodegenerative diseases, and rare or infectious diseases, as well as breakthrough medical device technologies. By partnering with CSSi LifeSciences, the fund provides its portfolio companies with access to scientific, regulatory, and managerial talent to expedite development while mitigating risks, time, and costs.
Keywords: venture capital, life sciences, medical technology, drug development, regulatory expertise, clinical development, therapeutics, medical devices, asset-centric investment, CRO partnership, healthcare investment, bioventures, early-stage funding, commercialization, biotechnology, pharmaceuticals