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Washington biotech startups still able to capture capital

Washington may not have the nation’s biggest biotech market, but startups still attract millions in venture capital. Geography isn’t as much of a hurdle as the general competition for money.

Last year, the state saw 11 rounds of funding for biopharmaceutical companies totaling $253.4 million, according to MoneyTree Report data compiled by Thomson Financial for PricewaterhouseCoopers and the National Venture Capital Association.

Puget Sound Business Journal (Seattle) – by Robert Celaschi

Full Story: http://seattle.bizjournals.com/seattle/stories/2008/03/17/focus3.html?b=1205726400^1603687

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Sen. Baucus Announces $28 Million Investment in Ligocyte Pharmaceuticals, Inc. of Bozeman, Montana http://matr.net/article-28279.html

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