90.3 WCPN ideastream®: Venture Capital Money to Bio Science Firms Continues to Flow

Venture Capital Money to Bio Science Firms Continues to Flow

Friday, November 14, 2008
Topics: Economy
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Despite the challenges in the economy, we got word that Intelect Medical, a Cleveland-based biotech startup has secured $11 million in financing. So we started to wonder with the economy in the doldrums, has venture capital funding dried up in the same way that other kind of lending has. And what's at stake for Ohio's dozens of bioscience startups. That's the subject of this week's edition of upside/downside.