“The first quarter of 2007 has increased the trajectory of the already record-breaking 2006 in the
The report aggregates venture investment in 10 Midwest states and
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By sector, the equity funding was as follows:
· Biopharmaceutical companies: $230 million
· Medical device companies: $46 million
· Health care software and service companies: $48 million
The Midwest Health Care Venture Investment Report includes all reported numbers. For complete state and region results across the
To view additional data about
Table:
State | Q1 2007 | Q1 2006 | |||
$ Millions | # of | $ Millions | # of | ||
42.50 | 2 | 25.70 | 4 | ||
94.50 | 4 | 6.00 | 1 | ||
– | 0 | – | 0 | ||
– | 0 | – | 0 | ||
5.00 | 1 | 0.50 | 1 | ||
3.25 | 1 | – | 0 | ||
39.92 | 6 | 23.60 | 4 | ||
16.80 | 3 | 26.70 | 4 | ||
93.90 | 15 | 22.00 | 5 | ||
12.23 | 4 | 20.10 | 2 | ||
– | 0 | – | 0 | ||
16.11 | 7 | 3.10 | 2 | ||
Total | 324.01 | 43 | 127.70 | 23 |
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Table:
Region | Q1 2007 | |
$ Millions | # of | |
42.50 | 2 | |
79.50 | 3 | |
15.00 | 1 | |
– | – | |
5.00 | 1 | |
Detroit-Ann Arbor | 3.25 | 1 |
– | – | |
Minneapolis-St. Paul | 39.92 | 6 |
16.80 | 3 | |
– | – | |
– | – | |
83.50 | 12 | |
10.38 | 3 | |
12.23 | 4 | |
– | – | |
16.11 | 7 | |
Total | 324.01 | 43 |
Sources: Compiled by BioEnterprise team from Venture Wire, Private Equity Week, Wall Street Journal, Venture Source, SEC Filings, company press releases, www.biospace.com, and
About BioEnterprise
BioEnterprise is a business formation, recruitment, and acceleration effort designed to support the growth of bioscience companies. Located in
The initiative comprises the collective activities of BioEnterprise and its partners’ commercialization offices: the Case Office of Technology Transfer, Cleveland Clinic Innovations,