Funding Translational Medicine via Public Markets: The Business Development Company

A business development company (BDC) is a type of closed-end investment fund with certain relaxed requirements that allow it to raise money in the public equity and debt markets, and can be used to fund multiple early-stage biomedical ventures, using financial diversification to de-risk translationa...

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Bibliographic Details
Main Authors: Forman, Sandra M. (Author), Shilling, Monica (Author), Sweeney, Grace K. (Author), Lo, Andrew W (Contributor)
Other Authors: MIT Laboratory for Financial Engineering (Contributor), Sloan School of Management (Contributor)
Format: Article
Language:English
Published: Journal of Investment Management, 2017-05-26T14:38:22Z.
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