21 Jul Betting on health care start-ups that cut costs
Biotechnology and medical device start-ups typically take many years and a lot of money to get to market. But Chrysalis Ventures, a venture capital firm in Louisville, Ky., takes a different approach to health care investments.
Instead of backing the discovery of new drugs or the creation of new medical devices, Chrysalis searches for health care start-ups that make treatments more productive or make information about health care more cost-effective and accessible to patients.
And though no one is quite sure what the health care reform package that comes out of Washington will look like, companies that help patients while lowering costs will likely benefit, said David Jones, chairman and managing director of Chrysalis Ventures.
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