Bio VC up big time in NEO from last year

Venture capital firms triple investment in local bioscience industry
in the Cleveland Plain Dealer

"Health care startups in Northeast Ohio raised nearly three times as much money from venture capitalists last year as they did in 2006, according to a report by BioEnterprise, the region's bioscience company developer.

Companies in Greater Cleveland raised $241.8 million in venture capital last year compared with $87.9 million in the prior year."

To read more about the bio-economy of Ohio and the Midwest, go here.