Canada's bumper biotech budget
Article Abstract:
Canada's finance minister, Ralph Goodale, presented his federal budget for fiscal year 2005 on March 24, calling for record increases in government funds for the biotechnology sector particularly for research. According to MacDonald & Associates, a firm that maintains a database of venture capital and private equity activity in Canada, investment into life sciences by venture capitalists and foreign investors has declined steadily.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Angel investors shy away from biotech
Article Abstract:
The long and costly development times of biotech products as well as a tendency for venture capitalists (VCs) to set over diluting terms when entering in follow-on financing rounds are a few reasons why 'angel investors' are avoiding biotech startups. Unless angels return to a disciplined form of collaboration with VCs when investing in a seed-stage rounds there would always be an early-stage funding gap in the biotech sector.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Company cars cruising through Budget. Ringing the alarm on soaring car crime. Seeing green
- Abstracts: The number on biotech indexes. Putting biotech risk in its place. Going short on biotech
- Abstracts: Artificial cell-cell communication in yeast saccharomyces cerevisiae using signaling elements from Arabidopsis thaliana
- Abstracts: Nanospheres for DNA separation chips. Multiplexed detection of pathogen DNA with DNA-based fluorescence nanobarcodes