Exited SVLSF investments

Please see below a list of our exited investments

To go to individual portfolio companies websites please click on company logo.

Fund I

Allos Therapeutics
Allos Therapeutics: US

First investment: 1998 - Early Stage

Developing and commercializing innovative small molecule therapeutics for the treatment of cancer.



Axys Pharmaceuticals Axys Pharmaceuticals: US

First investment: 1994 - Early Stage

Protease-inhibitor based products for cancer & inflammatory diseases.



Cerebrus Cerebrus: UK

First investment: 1995 - Start Up

CNS drug discovery (Acquired by Nigra, which was then bought by Vernalis)


Coral Therapeutics: US

First investment: 1994 - Start Up

Provision of blood handling services to hospitals.



Cytomed Cytomed: US

First investment: 1997 - Early Stage

Leukotriene inhibitors for asthma (Acquired by LeukoSite Inc and then by Millenium).


Euro Dentalversand: Germany

First investment: 2000 - Buy Out

Mail order dental consumables.



Geltex Pharmaceuticals Geltex Pharmaceuticals: US

First investment: 1994 - Early Stage
Further investment: 1998 - Expansion

Development of novel non-absorbed pharmaceuticals.

Acquired by Genzyme Corporation after our exit.



General Surgical Innovations General Surgical Innovations: US

First investment: 1995 - Early Stage

Minimally invasive approach to hernia repair and incontinence (purchased by United States Surgical).



Heritage Health Systems Heritage Health Systems: US

First investment: 1995 - Early Stage

Physician practice management.



Hexagen Incyte Pharmaceuticals: UK

First investment: 1996 - Start Up

Functional genomics (Acquired by Incyte).Formerly known as Incyte Pharmaceuticals



J C Nationwide JC Nationwide: US

First investment: 1995 - Buy Out

Physician recruitment agency.



Kinetix Pharmaceuticals: US

First investment: 1999 - Start Up

Kinase targeted drug discovery (Acquired by Amgen).



Leica Microsystems Leica Microsystems: Germany

First investment: 1998 - Buy Out

Manufactures and markets microscopes and neurosurgical equipment.



Leukosite LeukoSite: US

First investment: 1994 - Start Up

Treatment of Inflammatory diseases and cancer (Acquired by Millenium).



Micromass Micromass: UK

First investment: 1996 - Buy Out

Minimally invasive approach to hernia repair and incontinence (purchased by Waters).



Nexan: UK

First investment: 1996 - Start Up

Remote telemonitoring devices.



OMS Foundations OMS Foundations: US

First investment: 1998 - Early Stage

Oral maxillofacial physician practice management.



Orthovita Orthovita: US

First investment: 1997 - Early Stage

Novel bone substitute materials.



Pelton & Crane: US

First investment: 1997 - Buy Out

Sterilization equipment.



Shire Pharmaceuticals Shire Pharmaceuticals: US

First investment: 1994 - Early Stage

Osteoporosis and Alzheimer's disease.



Sirona Sirona Dental Systems: Germany

First investment: 1997 - Buy Out

Dental equipment manufacturer.



Strides Arcolab Strides Arcolab: India

First investment: 1997 - Expansion

Manufacturer of generic pharmaceuticals.



Laservision TLC Vision: US

First investment: 1995 - Expansion

Service provider for laser-based ophthalmic surgery Formerly known as Laservision.



Triangle Pharmaceuticals Triangle Pharmaceuticals: US

First investment: 1995 - Start Up

Antiviral and anticancer drug development (Acquired by Gilead).



Vernalis Vanguard Medica (Vernalis): UK

First investment: 1995 - Early Stage

Antiviral and anticancer drug development. (Acquired by Vernalis)



Vintage BioMed: US

First investment: 1996 - Seed

Capital equipment leasing and maintenance.

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Fund II


Aderis Pharmaceuticals Aderis Pharmaceuticals: US

First investment: 2001 - Expansion

Cardiovascular, renal and neurological disease focused therapeutics focused upon making a significant difference to people living with cardiovascular, renal and neurological diseases.





Argonaut Technologies Argonaut Technologies: US

First investment: 1999 - Expansion

Chemistry instrumentation for accelerated synthesis of novel organic molecules. Bought by Biotage after our exit.



Auxilium Pharmaceuticals Auxilium Pharmaceuticals: US

First investment: 2001 - Early Stage

Male Hormone Replacement Therapy.



Innovation Factory Cardiac Support Systems: US

First investment: 2000 - Seed

This was an innovation factory company.



Easychem: US

First investment: 2000 - Seed

B2B chemical e-commerce electronic marketplace.



eMed Technologies eMed Technologies: US

First investment: 2000 - Expansion

Delivery of medical images over the internet.



Expand Sante: France

First investment: 2000 - Seed

French pharmaceutical contract sales organisation.



Eyetech Pharmaceuticals Eyetech Pharmaceuticals: US

First investment: 2000 - Early Stage

Bought by OSI Pharmaceuticals after our exit. Opthalmolological drug development.



Kudos Pharmaceuticals KuDOS Pharmaceuticals: UK

First investment: 1999 - Start Up

Oncology drug development.



Orchid Pharmaceuticals Orchid Chemicals and Pharmaceuticals: India

Private investment in Public Equity
First investment: 1999 - Expansion

Manufacture of bulk generic pharmaceuticals.



Physicians Dialysis Physicians Dialysis: US

First investment: 2001 - Buy Out

Consolidator of renal dialysis centers (Purchased by DaVita).



Quantum Dot Quantum Dot: US

First investment: 2000 - Early Stage

Nanocrystal biological reagents.


Third Wave Technologies Third Wave Technologies: US

First investment: 1999 - Expansion

Products for analysing genetic variations



Versicor Versicor: US

First investment: 1999 - Expansion

Drug development for infectious diseases (Changed name to Vicurion Pharmaceuticals in 2003)




Eunoe Eunoe: US

First investment: 2003 - Expansion

Treatment of neurological disorders through cerebrospinal fluid management (CSF).



GlycoFi GlycoFi: US

First investment: 2002 - Start Up

Production and engineering of therapeutics proteins.



PowderMed PowderMed: UK

First investment: 2004 - Early Stage

Development of therapeutic DNA vaccines in the areas of chronic viral diseases and cancer.



Rinat Neuroscience Rinat Neuroscience: US

First investment: 2003 - Early Stage

Developing proteins for the treatment of diseases and disorders of the nervous system.


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