Business
Health care venture capital down
NEWS IN BRIEF — Posted Oct. 18, 2004
Venture capital firms committed less money to health care investments in the third quarter of 2004 compared with the second quarter, according to Jenks Healthcare Business Report published by Irving Levin Associates Inc., a health care research and publishing firm based in New Canaan, Conn.
The report counted 94 investments equaling $1.3 billion in the quarter, a 15% decline in the number of investments and a 34% decline in the total amount invested from the previous three-month period.
So far this year, venture capitalists have invested $5.3 billion in 408 transactions, according to the report. Investors are devoting most of their funding to the pharmaceutical, biotechnology, biopharmaceutical and medical device sectors, according to the report.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2004/10/18/bibf1018.htm.












