STAT+: A VC explains why he sees a golden age in health care innovation

One sign you’re living through a golden age is that there’s a lot of gold being tossed around.

Michael Greeley, a venture capitalist at Boston-based Flare Capital Partners, asserts that the Boston area is indeed experiencing such a bounty of ideas when it comes to health care innovation. The amount of money being invested in companies trying to create cancer drugs, apps to treat addiction, and new kinds of health care plans is setting records. According to the data provider CB Insights, roughly $100 billion has been invested in health care-related companies so far this year — topping the record $80 billion that went into the sector in 2020. (Greeley offers his perspective on the latest investment activity on his blog, On the Flying Bridge.)

Continue to STAT+ to read the full story…