Healthcare Attracts Most VC Investment in NJ Since 2007
March 21, 2013
New Jersey is known as “The Garden State.” The reason for the nickname isn’t known for certain, but one thing that has surely blossomed is the amount of venture capital invested in the state’s Healthcare sector. According to the PitchBook Platform, VC investors have poured a total of $3.27 billion into companies headquartered in New Jersey since the beginning of 2007, 58% of which was poured into the state’s Healthcare companies. The Pharmaceuticals & Biotechnology space has been the main contributor to New Jersey’s lively Healthcare investment activity. Alone, the sector accounted for 46% of the state’s VC funding over the same time period.
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