The Burrill Report (August 19, 2013): VC Exits Grow, but Funds Dwindle (.MP3,20.97 Mb)

M&A activity for privately-held life sciences companies is providing a growing number of exits for venture investors, a trend expected to continue, according to a new report from Silicon Valley Bank. The report paints a generally encouraging picture, but also raises concerns, particularly for the funding of early-stage companies. We spoke to report author Jonathan Norris, managing director with SVB Capital, about the future of venture investing in the sector, the effects of the resurgent IPO market on M&A activity, and why big medical device companies should worry about innovation in the sector.