In the fourth quarter of 2012, start-up companies raised a total of $670.3 million across all industries, which was just $11.6 million less than in Q3. (See Exhibit 1.) Biopharmas brought in 90% of the money ($602.4 million) and medical device companies raised only $48.2 million during Q4, nearly four times less than in the previous quarter. In vitro diagnostic start-ups’ fundraising also lagged, with only $19.7 million raised.
Exhibi
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