Biotechnology-based businesses have historically looked to venture capitalists for funding. Our recent survey shows that, unlike the public marketplace, where investors' appetite for biotechnology has waxed and waned the last few years, venture capitalists are staying the course.
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Lee, D., Dibner, M. The rise of venture capital and biotechnology in the US and Europe. Nat Biotechnol 23, 672–676 (2005). https://doi.org/10.1038/nbt0605-672
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DOI: https://doi.org/10.1038/nbt0605-672