Healthcare the Best-Performing Sector in Swiss VC Scene
August 01, 2014
Since 2010's start, Switzerland-based companies have seen a steady amount of VC deals, with a nice rise in euros invested each year. But for a country known for its financial institutions, it may come as a surprise that in that time period, approximately €1 billion ($1.34 billion), or 79% of venture capital invested, has gone to its healthcare sector, according to the PitchBook Platform. When comparing VC capital invested in Swiss healthcare across the same time period to that of other developed countries, 79% really stands out. In the U.S., VC healthcare deals have accounted for just over 24% of VC money; in the U.K., healthcare received just under 20% of VC capital; and in Norway only 23% of VC euros made it into healthcare companies. The sector's performance may be responsible, as biotechs alone brought in almost €4 billion ($5.4 billion) in revenues last year. With their continued solid performance, it wouldn't be a surprise to see VC firms continue to fuel Switzerland-based healthcare companies.
Click here to see the comprehensive list of VC investments made in Swiss companies since 2010.