Nowhere is this more relevant than in the healthcare sector, which is bang in the middle of the ongoing coronavirus pandemic. Not surprisingly, .. Read more healthcare has stood out in attracting private investments. The first nine months of this year have already surpassed the $1-1.5 billion worth of private equity and venture capital money that the industry has been pulling in every year, according to data collated by VCCEdge. If the current trends continue, the healthcare sector may also buck the broader trend where the number of companies attracting capital has declined, to at least match—if not improve—the tally of previous years where, on average, two healthcare firms were getting funded every week. The pandemic has also shown the inadequacies of public and private healthcare delivery ecosystems. The diagnostics infrastructure took months to reach an optimal level to test infected patients. Most critically, the process of drug and vaccine development is far from satisfactory.
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