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Biotech / Medical : Biotechnology Value Fund, L.P.

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To: scaram(o)uche who wrote (2567)7/17/2001 7:10:58 PM
From: keokalani'nuiRead Replies (1) of 4974
 
Stream of venture capital for health care becoming a torrent
Glut means funds don't get as much equity in startups

Tom Abate Monday, July 16, 2001


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So much money is flowing into life science venture capital funds these days that the veteran investors who bankroll biotech, medical device and health care startups are beginning to grumble.

"There's too much money out there, valuations have gone nuts," venture capitalist Rod Ferguson of J.P. Morgan in San Francisco said recently.


sfgate.com
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