Economic Development Futures Journal

Sunday, February 02, 2003

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Where Can You Find the Best Venture Capital
Information and Statistics?


You may want to check out Venture Economics, a long-standing leader in venture economic research. Just click here.

What might you learn from Venture Economics? You might learn that venture capital investments have seen a steady decline since 2000, but life sciences (biotechnology and medical devices) was the bright spot for the fourth quarter and the full year 2002. Life sciences totaled $4.7 billion, accounting for 22% of all venture capital investing, up from 13% in 2001, and the highest proportion of total venture capital in seven years. Separately, the biotechnology industry attracted $2.8 billion in 2002 and the medical devices industry accounted for $1.9 billion in 2002.

Perhaps this explains why cities and states worldwide are clamoring to get their share of the growing life sciences pie.

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