ST. LOUIS, MO and CLEVELAND, OH - RiverVest Venture Partners, a life science venture capital firm headquartered in St. Louis, MO, announced today that it will be opening an office at the BioEnterprise facility in Cleveland, OH. The office will be managed by Karen Spilizewski, who is joining RiverVest on a part-time basis as a vice president on January 1, 2008. RiverVest co-founder and managing director, Jay Schmelter, said, “We are excited about the investment prospects in Ohio, which led all Midwestern states in life science venture capital investments through the first nine months of 2007.

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