Report: Biotech sector gets $1.1B in venture-capital funding

07/21/2008 | Washington Post, The

Venture capitalists invested $7.4 billion in 990 deals during the second quarter, with $1.1 billion going to the biotech industry, according to a report by the National Venture Capital Association and PriceWaterhouseCoopers. The report, however, noted that venture-capital investments dropped slightly from $7.5 billion during the first quarter and that early-stage deals are drawing less funding.

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