Healthcare venture investing reached its highest level in five quarters, with signs of a resurgence in early stage investing.
Healthcare companies received $1.9 billion in investment during the second quarter, up 21 percent from the prior quarter and up 16 percent from the like quarter last year, according to a report from New York research firm CB Insights. There were 147 venture-backed healthcare deals in the quarter.
The quarter’s largest healthcare deals included: California-based defibrillator company Cameron Health ($107 million), Massachusetts-based cancer drug developer Tesaro ($101 million) and Massachusetts-based osteoporosis drug developer Radius ($91 million).
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Author:Brandon Glenn