Addressing the finding that most COVID-19 fatalities are caused by the nonreversible development of acute respiratory distress syndrome (“ARDS”), Multiverse Investment Fund today announced that one of its 12 portfolio companies, Orbsen Therapeutics, was awarded a special dispensation by the government of England to initiate clinical trials of its proprietary cellular therapy, ORBCEL, to treat ARDS patients diagnosed with COVID-19. Jack Kavanaugh, a general manager of Multiverse Investment Fund, a private venture capital fund dedicated to long-term capital investment in companies offering significant social impact, and chairman of Orbsen Therapeutics, stated, “We are incredibly proud of Orbsen’s achievements and the team’s involvement in working to expedite solutions to help prevent deaths from COVID-19.”
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About Multiverse Investment Fund
Multiverse Investment Fund I, LP is a private venture capital fund that invests in early-, developmental- and clinical-stage companies in the life science, materials science and technology sectors. Multiverse’s mission is to achieve long-term capital appreciation through investments in profound opportunities and, as a general proposition, in companies building products with the potential to produce a positive and significant social impact. For more information, visit the company’s website at www.MultiverseInvestmentFund.com.
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