Despite Financial Turmoil, Biotechs Still Able to Secure Venture Capital in Q3 ‘08 | GenomeWeb
The recent upheaval in the credit and equity markets has had no apparent affect on the ability of growing biotechs to secure venture capital in the third quarter, while medical device investment is harder to glean, according to figures released by two trackers of VC market trends.
 
The reports also showed that the San Francisco Bay Area extended its dominance as the nation’s largest cluster for both biotech and medical devices during the period, both by dollars raised and numbers of deals.
 

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