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2004 World Technology Awards Winners & Finalists

Sofinnova Ventures

Please describe the work that you are doing that you consider to be the most innovative and of the greatest likely long-term significance.

For 30 years Sofinnova has been building Life Science and IT companies, investing venture capital in startups. It's a team effort: combining the best and brightest entrepreneurs with our deep industry experience to create great successes.

Our mission is to provide entrepreneurs with the resources and experience they need to turn a strong idea into a great, successful business.

We at Sofinnova Ventures are company builders who work with our entrepreneurs in a teamwork framework. Our firm, based in San Francisco and founded in 1974, invests venture capital in early-stage Life Science and Information Technology startup companies. Our mission is to provide entrepreneurs with the resources, experience, and teamwork to grow early-stage companies into great businesses.

Sofinnova Ventures combines extensive venture-capital experience with deep technical, startup and operational management experience. We ourselves are experienced entrepreneurs, having founded, operated, acquired, sold, and taken public companies in our long operational careers. We run Sofinnova Ventures itself in an aggressive, smart, entrepreneurial fashion.

While our primary value to entrepreneurs is our experience and the active, company-building help we offer, we also offer unique trans-Atlantic synergy and market acceleration to our entrepreneurs. Because of our strong ties to Europe's leading financial, technology and venture companies, we can help U.S. companies quickly enter Europe's booming markets, and our European companies to develop a strong presence in the strategic U.S. high-tech markets.