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PricewaterhouseCoopers and the National Venture Capital Association have released Quarter 2 2011 data and it looks good for biotech. Of $293 million invested in the “Southeast” states, $74 million or 25% was invested in biotech. That’s the largest single industry share of investments. Nationwide, biotech investments amounted to $784 million, about 13% of the total. Southeast includes Alabama, Florida, Georgia, Mississippi, Tennessee, South Carolina, and North Carolina.

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