Capital funds

Fond, m. foundation, base, basis capital, funds Dyeing) ground, bottom, -farbe, /. ground color or shade. 

Established in 1946, with a subscribed capital fund of 7.67 million, the primary mission of the World Bank is to combat poverty by securing low cost funding for sustainable development. The largest shareholder is the U.S., followed by the United Kingdom, Japan, Germany, and Eranee. 

UPS s entrepreneurial activities are driven by its venture capital fund and alliances with universities and partners. Here UPS understands that... 

Virtual pharma 4000- 5000 Venture capital funded, 1-2 developmental drugs, mainly biopharmaceuticals, small R D, no production, no M S organization Cell Therapeutics, Gilead, Trimeris, Vertex, USA Alizyme, UK Morphosys, Germany Actelion, Speedel, Switzerland... 

Ownership public private venture-capital funded family. 

Tate Lyle Ventures, a venture capital fund, and Scottish Enterprise s Scottish Venture Fund acquired BioFilm, Ltd. 

Based on the numbers of daily compound screens, a screening laboratory may choose a workstation or fully automated screen system (Figure 11.3) (Hamilton, 2002). A workstation-based screening platform can be set up quickly and requires less capital funding. The screening throughput with a workstation platform is relatively small—usually 20 to 100 plates per day in 8 hr. A fully automated robotic screen system requires 6 to 12 months for implementation and a minimum investment of... 

In summary, we reviewed all the components and instrument choices for screen automation. To set up a new screen lab, one should decide whether to implement semi-automated or fully automated systems based on throughput needs and available capital funding. Since both instrumentation and screen assay technologies advance quickly, continual testing and evaluation of new technologies are necessary to stay abreast of new developments in the field and continue to improve throughput and quality, and also reduce screening costs. 

Let us hope that all the decision makers will bear in mind that capital funds, whether provided involuntarily by the taxpayer or willingly by the shareholder, are a rare resource that must be judiciously allocated and that success in all things comes from mastery acquired through long patience. In this respect, Germany s chemical industry, which has shown continuity from the time it was established in the last century to the present under the guidance of professionals, is a tried and tested model, showing profits even in the most adverse circumstances. 

Value creation 11-21, 26-35 Value-driver trees 156, 159 Vendor managed inventory (VMI) 84 Ventro 34 Venture capital funds biotechnology 67, 77 corporate 117-118 innovation 32, 114 Venture capitalists 31, 66-67, 118 Vertical integration 37, 40-42 Vestolit 39 Victrex 98 Vinnolit 39 Virtual crackers 43 Virtual organization 122 Vopak 34, 35... 

The returns of the publicly-traded biotech venture capital funds - of which we found approximately ten - are comparable to the returns on an average venture capital fund. Fidelity Select Biotechnology, for example, recorded a 26.3 percent average annual return over a five-year period (Fig. 6.1). 

In the agrochemicals sector, where the application of biotechnology in chemical businesses is most advanced, the leading players have already demonstrated successful transformations along these lines that have led to a string of new ideas and new businesses key agrochemical players, for example, have set up corporate venture capital funds and created strong cooperations with startups. 

Corporate venture funds are venture capital funds financed pardy or entirely by industrial companies. They are ideally managed using the same financial criteria as venture capitalists would apply but, in addition, they have a strong relationship with their industrial investors. The startups funded then benefit from the investors industry knowledge, while the industrial investors not only receive a financial return but also better information from the market to use in external and internal investment decisions. They can provide access to new technologies and allow companies to build an external network by, for example, cooperating with a number of different startups. This has given some corporations access to important deals in return for a relatively small investment. 

After a long period of low activity, the commitment to corporate venture capital has increased sharply in recent years. The high-tech sector (including companies like Cisco Systems and Intel) has been enthusiastic about the idea, and corporate investment in US venture capital funds increased tenfold between 1995 and 1997 (Fig. 9.2). European chemical companies that are currently active in corporate venture capital include Bayer, Aventis, and BASF. 

Although, at the time of discovery FK 506 was reported as a new immunosuppressant agent being 100-fold more potent than cyclosporin A, efforts to displace cyclosporin A by FK 506, commercialized as tacrolimus, failed until today. It is worth mentioning that FK 506 stimulated the setup of the venture capital funded US company Vertex that aims at a designed drug to treat HIV infections starting from FK 506 as a lead compound. 

The capital meirkets are "markets where capital funds—debt and equity—are traded. Included are private placement sources of debt and equity as well as organized markets and exchanges." JOHN DowNES Jordan Goodman, Dictionary of Finance and Investment Terms 59 (3d ed. 1991). 

Case 3. Assuming use of capital funds released by phase-out of conventional generators which is what actually would happen, the cumulative negative cash flow increases to 11 million in 1991, turns around and is cumulatively 46 million positive by 2000, with a 10%... 

In the spring of 2000, nTouch Research doubled the size of its investigative site network when it acquired peer SMO Health Advance Medical Research. Having raised 8 million in venture capital funding only four months earlier, nTouch wasted no time in executing an aggressive expansion strategy. 

The cost of capital is what it costs a company to borrow money from aU sources. Three general sources of capital available are borrowed money, equity capital, and retained earnings. For borrowed capital (from investment houses, banks, insurance companies, and venture capitalists), the interest rate on loans is a few percentage points above the prevailing prime interest rate. The interest rate charged also depends on the length of the loan, size of the loan, and potential risk perceived by the lender. For equity capital, obtained from the sale of preferred and/or common stock, companies may float new stock issues or have shares of stock that may be released to secure capital funds. Retained earnings or reserves may be used to the extent of their availability. 

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