In quest for next windfall, tech funds look to healthcare


  • TECH
  • Friday, 05 Sep 2014

NEW YORK: Some of the best-known technology investors are looking beyond their tried-and-true Internet plays to bet on healthcare data as the next growth market. 

Venture capital firms and portfolio managers of large mutual funds are among those investing in companies that gather and analyse healthcare data, all in hopes of tapping into the shift to electronic record keeping and consumer acceptance of personal health tracking devices. 

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