Healthcare Finance News January 13, 2025
AI is especially prevalent across biopharma, with 30% of healthcare investment in 2024 going to companies leveraging AI.
Venture Capital investment in healthcare grew to $23 billion in 2024, up from $20 billion in 2023, as artificial intelligence established itself more firmly in the healthcare sector, according to the latest market insights report from Silicon Valley Bank (SVB).
AI continues to take center stage, especially across biopharma, with 30% of healthcare investment in 2024 going to companies leveraging AI, SVB found.
Biopharma AI saw more than $5 billion worth of investment in 2024, numbers showed. The sector has seen a 300% increase in investment since 2023, surging past 2021’s total capital invested by nearly $2 billion.
Investment was largely driven...