StockMarketWire.com - RTW Venture Fund said it would launch an initial public offering on the Specialist Fund Segment of the London Stock Exchange.

The raising would take place by way of a placing and offer for subscription of new shares targeting a fund raising of up to $350m.

The company, managed by RTW Investments, would target investments in life sciences, biopharmaceutical and medical technology companies.

'It intends to create a diversified portfolio of investments across a range of businesses, each pursuing the development of superior pharmacological or medical therapeutic assets to enhance the quality of life and extend patient life,' the company said.


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