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Biotech Industry Attracts the Most Venture Capital
Submitted on:
05.14.2009
BusinessWeek
and YouNoodle, a start-up tracker company based in San Francisco, teamed up to track what types of innovations or inventions attracted venture capital investments during the economic downturn. Researchers analyzed investments made in mid-March to mid-April 2009. They found venture capital investment dollars went to biotechnology and medical devices over any other industry. Analysts believe this could be attributed to the recent government support of the life sciences industry including increased funding to the National Institutes of Health.
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BusinessWeek
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