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More venture capitals start chasing cancer-focused firms – The Times of India

By January 27, 2014No Comments
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Threat and opportunities are two sides of the same coin here. While cancer is one of the biggest threats the healthcare sector is witnessing today, it has also thrown open a number of investment opportunities.

Cancer detection and treatment focused companies attracted almost $17 million from VC ( venture capital) investors during 2013. Norwest led the charge, which deployed $11 million in the cancer-focused medical devices maker Perfint Healthcare and $4 million in cancer-focused diagnostics chain Nueclear Healthcare. Cancer-focused drug development firm Invictus Oncology attracted $1.9 million from Aarin Capital and Navam Capital.

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