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NVCA Study Shows Decline in 2008 Investment; BIO Study Predicts Biotech Rebound in 2009

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

By Donald Zuhn -- In December, the National Venture Capital Association (NVCA), a trade association representing the U.S. venture capital industry, issued its forecast for venture investment in the coming year, predicting that most sectors would see a continued slowdown in investment in 2009 (see "NVCA Predicts Another Slow Year for Venture-backed Businesses in 2009"). If there was a bright spot in the NVCA's forecast (which was based on a survey of 400 venture capitalists), it was that 25% of those surveyed predicted that venture investment in biotechnology would increase, and 33% believed biotech funding would stay flat in 2009....

Full post as published by Patent Docs on February 17, 2009 (boomark / email).