U.S. healthcare companies have collected $23.4 billion in venture capital funding this year — already surpassing the amount the sector obtained in all of 2017, according to a recent report from Pitchbook, which tracks VC investments.
For the healthcare sector, pharmaceuticals and biotechnology amassed the most cash, raking in more than $14 billion in 548 deals through the third quarter of 2018. This is more than they've collected in any previous year. Healthcare services and systems raised about $4.3 billion in 376 deals, and healthcare devices and supplies raised about $4.6 billion in 433 deals.
