Monday, July 24, 2006
Surge in Healthcare Venture Capital
Over at Dow Jones Market Watch - According to Ernst & Young LLP and VentureOne studies recent increases in venture capital activity have been driven by the healthcare market, representing almost a third of overall VC spending for 2006.
The biggest gains this year have come from the health-care sector, where investments grew 25% during the second quarter, with $2.24 billion flowing into 160 funding rounds, compared with $1.78 billion in 145 deals during the second quarter of 2005. As a whole this year, health-care deals have grown 26.1% to reach $3.84 billion over the first six months from $3.05 billion in the first half of 2005.Healthcare is quite the booming business.