[SIZE="6"]Venture capital firms triple investment in local bioscience industry[/SIZE]
Posted by Mary Vanac January 21, 2008 13:28PM
Categories: Impact, Medical
Read more
Press release: Midwest Health Care Startups Raise Record $1.2 Billion in 2007 (PDF)Health care startups in Northeast Ohio raised nearly three times as much money from venture capitalists last year as they did in 2006, according to a report by BioEnterprise, the region's bioscience company developer.
Companies in Greater Cleveland raised $241.8 million in venture capital last year compared with $87.9 million in the prior year.
A few large deals, such as the $65 million reverse initial public offering by Cleveland biopharmaceutical company Athersys Inc., went a long way to pump up the region's 2007 total. But the number of deals also went up in 2007 - to 28 from 23 in 2006.
Venture capital firms triple investment in local bioscience industry - Cleveland Business News – The Latest Breaking News, Earnings Reports and Stories from The Plain Dealer
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
Cleveland Claims 82% of Ohio's bioscience venture capital!!!
Linear Mode
