PT - JOURNAL ARTICLE AU - Arthur Klausner AU - Bob More TI - Healthcare-Focused Venture Capital Investing — This Patient is Far From Terminal AID - 10.3905/jpe.1999.319937 DP - 2000 Feb 28 TA - The Journal of Private Equity PG - 7--16 VI - 3 IP - 1 4099 - https://pm-research.com/content/3/1/7.short 4100 - https://pm-research.com/content/3/1/7.full AB - Although U.S. healthcare spending in 1998 totaled close to $1.2 trillion - some of 14% of the U.S. gross domestic product - investment activity in this sector has been somewhat sleepy. Nevertheless, numerous factors point to the ascendancy of upstarts in this domain, and favorable dynamics in the healthcare and biotech industries suggest that this may be an auspicious time for investors to get in on the ground floor. While information technology and Internet applications have thrived, their intersection with healthcare is only now beginning to blossom. Firms and funds that have hitherto ignored healthcare may be well-advised to take note of the opportunities emerging.