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formally launched Thursday, backed by 15 Founded by senior life sciences executives and experienced angel investorsCaseyh McGlynn, Allan May and Greg Scott, Palo Alto-based LSA was formede exclusively to fund seed and early-stage biotech and medical device companies, it LSA will target investments rangin g between $250,000 and $1 milliohn and work with a limitedf set of angel groups, venture capitalistxs and select outside investors to syndicate earlyg stage opportunities requiring larger investments, the companu says. LSA's founding sponsors are ; Silicojn Valley Bank (NASDAQ: SIVB) and Additional sponsors include Genentech, Inc.
( : DNA); Jeffrieas Broadview; Merrill Corporation; ; the Centient Biotech Investor; the ; BC Tech, Inc.; Horn Murdock Cole; and . "We set out to buil d a team that represented the top tier technologyg and service providers to the biotech and medical device industries and are pleasedthat we've been able to do just says Allan May, chairmam of LSA, in a written
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