Life Science Angels, Inc. was founded in 2004 by senior life science executives and experienced angel investors as a vehicle to bring angel capital to worthy early stage biotech and medical device companies. Formally launched in January 2005 with backing from 15 industry sponsors, LSA follows a rigorous due diligence process before presenting investment opportunities to its membership. LSA also works with select angel groups, venture capitalists and outside investors to syndicate opportunities requiring larger investments. Life Science Angels is a not-for-profit corporation that takes no carry or management fees on any investment. They do not charge companies any fees to apply or present and prohibit members from seeking any form of compensation related to LSA consideration.