By Adeline Teoh · 25 February 2009 · Locked
The venture capital market is drying up, threatening the viability of innovative businesses. Will the life sciences sector be the next casualty of the global financial crisis?
The tight venture capital market, brought on by the global financial crisis, and the withdrawal of the Federal Government’s Commercial Ready grant last year have threatened the viability of start-ups with research and development projects. Spokesperson for GBS Ventures Brigitte Smith says the majority of companies in the life sciences sector have less than a […]
Tags: Capital, development, Innovation, Research, Start Ups