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If you had decided to start a proteomics company two or three years ago, you may have been one of the lucky ones. Raising venture capital to start a biotech company has never been easy, but the heightened expectations and hoopla surrounding the (stated) completion of the human genome allowed many entrepreneurs with stories of quick and easy drugs to collect hundreds of millions of dollars from venture capitalists eager to capitalize on the promise of genomics and proteomics.

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