D. Blech and Co

D. Blech & Co. was a pioneering boutique investment bank and venture capital firm that played a critical role in the early development of the biotechnology industry. Founded by David Blech in the late 1980s, the firm was responsible for financing and founding numerous high-profile biotech companies, including Celgene, Alexion Pharmaceuticals, and ICOS Corporation. At its peak, it was one of the most influential financiers in the sector, known for its aggressive venture-banking model that provided early-stage capital to nascent life science startups. The firm collapsed in 1994 following a liquidity crisis, but its legacy remains through the many successful life science companies it helped establish. It is historically significant for its role in shaping the modern biotech financial landscape.