Biotechnology
New England Biotech and Medical Devices Companies Thriving as Venture Capital Investment Hits Near-Record $1.26 Billion in 2006, PricewaterhouseCoopers Report Shows
Published in Lab Business Week, March 25th, 2007
2006 was a near-record year for venture capital investment in New England biotechnology, healthcare services & technology and medical devices & equipment companies, with $1.26 billion invested in 119 deals, a robust 44 percent increase in dollar value and a 21 percent increase in deal volume over 2005. The data were included in the PricewaterhouseCoopers 2006 Annual Report on Venture Capital Investment in the New England Health Industries, released today.
"The robust venture capital funding totals during 2006 confirmed New England's leadership in biotechnology and other health industries," said Gerry McDougall, leader of PricewaterhouseCoopers Health Sciences practice....
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Source: Lab Business Week (2007-03-25)
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