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Frazier Healthcare Partners pulls in over $617M for latest life sciences fund

Frazier Healthcare Partners, or Frazier Management LLC, raised over $617 million for Frazier Life Sciences X LP.

The oversubscribed fund will mainly target therapeutics-focused companies that develop and commercialize biopharmaceuticals.

It will invest in company creation, early-stage venture and late-stage private or public opportunities, with two-thirds of its capital to be allocated in seed and series A financing rounds.