Healthcare corporations are filling a void left by retreating venture capital firms in their sector.
The past 12 months has seen the healthcare sector cross an important milestone as more than 100 companies now have corporate venturing units.
The traditional leaders in corporate venturing, such as Novartis and Johnson & Johnson (J&J), which are respectively first and second in the Global Corporate Venturing list of most influential groups (see table and profile), have remained active and applied best practice that peers in other sectors have sought to copy. And these leaders have been joined…