JAI provides seed capital to emerging companies for healthcare related start-up businesses, with emphasis in the pharmaceutical and biotechnology industries. JAI founded Genex, the fourth biotech company in 1977. The original VC investor was Gerald Lodge of InnoVen in 1978 and went public in 1982 whenand was bought by Enzon, Inc. In 1981 we started Sepracor whose focus was the separation of racemic mixtures into the single isomers and the active metabolites. The initial investors in Sepracor .

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