Monday, June 01, 2009

MedCity: New venture capital chairman could be helpful to health care

"Polaris Ventures co-founder Terry McGuire was recently named the new chairman of the National Venture Capital Association. Polaris focuses in part on the life sciences and McGuire himself is a longtime investor in health care. All three of the companies he started were in the life sciences and that remains his focus at Polaris.

McGuire pointed out that the “venture industry is poised to play an important role in our country’s economic recovery.” We recently noted the NVCA’s role in the debate over renewal of the Small Business Innovation Research program. And McGuire has already said he wants to fightPresident Obama’s plan to increase taxes on venture capital firms"

No comments: