TCW: Venture Philanthropy is on the Rise, Reaches $75M in 2007

TCW: Venture Philanthropy is on the Rise, Reaches $75M in 2007: "Venture Philanthropy is on the Rise, Reaches $75M in 2007 By Sara Gambrill Venture philanthropy is a term coined in the past few years to describe the funding that disease foundations provide to biopharmaceutical companies to research potential drugs and therapies in their respective diseases. Investment by U.S. disease foundations in the biopharmaceutical industry this year will be about $75 million—10 times as much as its investment in 2000, according to CenterWatch estimates."