Angels Invest In Life Science and Biotech Companies
Filed in archive Corporate and Industrial News by ruth on October 18, 2005

are the current popular investment choices among such angels, having received about 40% of these investors' money in the first half of 2005."Investors shied away from the life sciences and biotech sectors for a while because of the long exit horizons, but the possibility of high potential returns have helped angels realize that there are more possibilities in making deals work now," says Jeffrey Sohl, Center for Venture Research director.
Angels, however, preferred investing in late-stage, rather than in start-up companies.
Source: Boston Business Journal
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