Investments in health industries accounted for 26% of all venture capital dollars in Q1 2005, according to the MoneyTree Survey conducted by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association.
This sector, comprised of biotechnology, pharmaceuticals, health services, health information technology and medical devices, accounted for more investment than any other industry sector.
Health industries investments have been steadily declining since 2000 with a slight increase of 13.5% between 2003 and 2004. In addition, venture capital investments in health and medical companies decreased by 12% from $1.36 billion to $1.2 billion between Q1 2004 and Q1 2005.
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