Long Island Financial Briefs: January 30, 2004

Summary


Commerce Bancorp., the New Jersey-based regional bank that moved into Long Island just about a year ago, is again expanding into new territory.

Together with a subsidiary of generic drug manufacturer Barr Pharmaceuticals, Commerce will be creating a new venture capital fund targeting the health-care industry.

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Extract


Long Island Financial Briefs: January 30, 2004

The new fund, Commerce Health Ventures Inc., will target middle- and late-stage health-care and life-sciences companies, primarily in the New York metropolitan area, and will begin with ...

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