Biotechnology companies have received funding in 2009

Fewer companies are receiving funding these days kanken sale, but as a proportion of the total number of companies receiving venture funding, biotechs have done well so far this year. Biotechnology companies have received funding in 2009, representing approximately 14.5% of the 900 or so companies funded across all venture backed industries. In the first quarter of 2009, life science represented almost 15% of the total, compared to approximately 12.3% over the past five years.

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