The company was founded in 1996 by Dr. Jean Deleage, Ph.D., who was also a founder of the venture capital firms Burr, Egan, Deleage & Co. (BEDCO) and Sofinnova, together with Garrett Gruener, a former general partner at BEDCO.
Five years later, in 1976, Deleage founded Sofinnova’s US business, based in San Francisco, Sofinnova, Inc.
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In 1979, Deleage, who worked left Sofinnova to co-found a new, bi-coastal venture capital firm Burr, Egan, Deleage & Co. (BEDCO), with Craig Burr and William P. Egan, who had worked together at TA Associates.