In the second quarter of 2013, start-up companies brought in an impressive $907.2 million, 56% more than the previous quarter and the largest amount raised since Q4 2009’s $976 million. (See Exhibit 1.) Of the Q2 funding, biopharmas pulled in $772.8 million. Compared with Q1, medical device fundraising rose by 58% (from $40.9 million to $98.3 million) and in vitro diagnostic start-ups got 32% more with $36.1 million.
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