Healthcare DIVE July 27, 2020
Dive Brief:
- Despite the COVID-19 pandemic and ongoing financial fallout, investments in healthcare firms remain robust, according to a new report from CB Insights. Worldwide funding to healthcare entities hit a new record in the second quarter of $18.1 billion. The number of investments also rose 6.6% compared to the first quarter of 2020, the New York-based consulting firm said.
- However, there have been some changes in the way such funding is being distributed. In the United States, more money is going to firms in the New York City area. That appears to be mostly at the cost of firms in California and Silicon Valley, despite the fact that digital health firms are catching the eye of venture capitalists,...
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