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Business

Nature 439, 533 (2 February 2006) | doi:10.1038/439533b; Published online 1 February 2006

In brief

The number of initial public offerings for companies backed by venture-capital groups in the United States fell last year from 67 to just 41, reports VentureOne, a division of Dow Jones. The level of activity is down drastically not just from the peak level of 250 offerings in 1999, but from normal levels before then.