Billion-dollar baby: Biotech still on a roll with VC funds

The latest survey from the National Venture Capital Association shows that biotechnology is still on a roll with investors. The association tracked 99 biotech deals in the third quarter which were worth $1.1 billion. Frazier Healthcare Ventures is so pumped about developers it's reserved half of its latest $600 million fund for biotech deals. An ongoing obstacle: A reluctance among VCs to back early-stage ventures. Most worrisome trend: The prospect that a new group of politicos in charge of healthcare legislation in Washington DC will chill the life sciences field with talk of reform.

- read the report from BioWorld on venture capital trends

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