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

By January 27, 2014News
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cash-envelope-sxc

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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