Paul B. Manning is the Chairman and CEO of PBM Capital, a venture capital firm he founded in 2010 after thirty years. See sector focus and contact routes.
Paul B. Manning is the Chairman and CEO of PBM Capital, a venture capital firm he founded in 2010 after thirty years in the healthcare industry, including founding PBM Products, the world’s largest private-label infant formula producer, which was sold to Perrigo in 2010. His investment focus is exclusively on healthcare, particularly prescription and over-the-counter pharmaceutical products, with active board roles at AveXis, Dova Pharmaceuticals, Verrica Pharmaceuticals, and PBM Pharmaceuticals. Manning participates in all investment decisions at PBM Capital and typically serves on the boards of the firm’s investments, indicating a lead investor posture. Notable portfolio companies include AveXis, Dova Pharmaceuticals, Verrica Pharmaceuticals, and PBM Pharmaceuticals, all in the pharmaceutical sector. While specific check sizes are not publicly disclosed, his deep operational background and board involvement suggest a hands-on, value-add approach to early- to mid-stage healthcare ventures. Manning has no known public writing or distinctive investment philosophy beyond his healthcare specialization, though he was named Virginia Entrepreneur of the Year by Ernst and Y
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