30% of CEOs in the sector say they would tap corporate venture capital as a finance source in the next 12 months, versus 10% who did so in the past 12 months.
A survey targeted at 100 California, US-based, healthcare companies expects a tripling of chief executives (CEOs) to look to corporate venturing units for finance this year.
The CHI-California Healthcare Institute, Northern California’s life science association BayBio and accountants PwC US said their survey found corporate venture funding was expected to become a much more crucial source of funding to the industry. It found 30% of CEOs surveyed saying theywould tap corporate venture capital as a finance source in the next…
