Event Details
July 09, 2012
Description
Food and Drug Administration Safety and Innovation Act (FDASIA) signed into law.
Participants (1)
| Name | Type | Mentions | |
|---|---|---|---|
| U.S. Government | organization | 146 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_024016.jpg
This document appears to be page 5 of a confidential investment memorandum for a fund named 'NLV-III' (likely New Leaf Ventures III). It outlines the investment thesis, citing a favorable regulatory environment due to increased FDA approvals and the FDASIA act of 2012, as well as favorable capital market dynamics caused by a contraction in venture capital fundraising which reduces competition for deals. The document bears a House Oversight Committee stamp, indicating it was part of a congressional investigation.
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