Lupus Research Alliance Launches Venture Fund to Accelerate Biotech and Medtech Innovation
The Lupus Research Alliance has launched Lupus Ventures, a new venture investment fund dedicated to advancing therapies and diagnostics for lupus and related autoimmune conditions. Nishant Rastogi, with over a decade of experience in venture capital and private equity, is leading the initiative as Managing Director. The fund aims to identify, evaluate, invest in, and support biotech and medtech companies that have the potential to improve the standard of care or quality of life for individuals living with lupus. Rastogi emphasizes a 'return on mission' approach, focusing on bridging the financing gap for innovative companies in the biotech and medtech ecosystem, which often require substantial capital to progress through preclinical experiments, clinical trials, and regulatory milestones. This initiative builds on the Lupus Research Alliance's mission to support scientific advancements in preventing, treating, and curing lupus.