BUSINESS BRIEFING / INVESTING
Times Staff and Wire Reports
The California Institute of Quantitative Biosciences, an affiliate of three University of California schools, has created a fund to invest in bioscience companies started by researchers at the schools.
Mission Bay Capital has raised $7.5 million to provide 15 new companies run by university scientists with an average of $500,000, according to an announcement by UC San Francisco, where the fund is based.
