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VC in biotechnology drops in second quarter

Venture capital funding in biotechnology and medical device industries decreased 39 percent during the second quarter of 2012, according to a PricewaterhouseCoopers report, “Dollar Drought.” The VC investment equaled $1.4 billion, the lowest level since the fourth quarter of 2010. Deal volume was also down, dropping 6 percent from earlier this year to 174 deals.… Continue Reading VC in biotechnology drops in second quarter

Venture capital funding in the life sciences sector, which includes the biotechnology and medical device industries, increased 21 percent during 2011, according to a new PricewaterhouseCooper’s  report, “Zigzagging Upward.” Venture capitalists invested a total of $7.5 billion in 785 life sciences deals during the year, topping 2010 performance despite a drop from the third to… Continue Reading Venture capitalists favor biotechnology over medical devices

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