Diagnostics companies have had record fundraising on the public markets over the past few years. Venture capital also expanded last year, raising more than double than in previous years, with $113 million the average quarterly amount raised over the past year compared with only $47 million for a quarter in previous years. Investors seem to be taking seriously expectations that innovations in molecular diagnostics and pharmacogenomics will lead to a rapidly expanding diagnostics market around 2010.
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Lawrence, S. Diagnostics investors think positive. Nat Biotechnol 24, 884 (2006). https://doi.org/10.1038/nbt0806-884
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DOI: https://doi.org/10.1038/nbt0806-884