Sofinnova Partners launches Digital Medicine Strategy

pharmafile | March 28, 2023 | News story | Business Services  

PARIS, France – March 28, 2023 – Sofinnova Partners (“Sofinnova”), a leading European life sciences venture capital firm based in Paris, London, and Milan, announced today that it has launched a new investment strategy focused on digital medicine. The strategy will be headed by Partners Edward Kliphuis and Simon Turner, who bring over a decade of experience investing in startups at the intersection of biology, data, and computation.


Sofinnova Digital Medicine will back entrepreneurs innovating at the cutting edge of technology and biology and help them scale to become global leaders. Like all the funds on Sofinnova’s platform, Sofinnova Digital Medicine will focus on developing the most promising innovations that address systemic challenges in healthcare and can profoundly improve the lives of patients worldwide.


Antoine Papiernik, Chairman and Managing Partner of Sofinnova Partners, said: “Digital medicine is revolutionizing the healthcare industry. With our new partners, our network and our expertise across the healthcare continuum, we are uniquely positioned to help entrepreneurs develop digital products and services that will help patients, physicians and healthcare systems overall.”


Edward Kliphuis, Partner in the Sofinnova Digital Medicine Strategy, said: “We’re building this strategy from Sofinnova’s undisputed foundation of life science expertise, spanning more than 50 years and an extensive network of entrepreneurs and investors. Simon and I bring our extensive experience investing in and developing companies at the forefront of biological innovation coupled with powerful computational techniques to help founders achieve product-market fit and scale their companies globally.”


Simon Turner, Partner in the Sofinnova Digital Medicine Strategy, said: “We designed this strategy to help founders leverage our knowledge of highly-regulated, complex healthcare industries and build on the strengths of tech-industry approaches like rapid product iteration and swift commercialization. Sofinnova Digital Medicine will respond to the challenges of overburdended health systems with speed, agility, and a deep understanding of the patient journey.”


The launch of Sofinnova Digital Medicine marks the firm’s sixth and newest strategy in its multi-fund platform which spans the life sciences sector, from seed to later-stage investments in the most promising and disruptive technologies.


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