VC investing rebounds in Q2, still at mid-1990s levels

Venture capital investment activity rebounded to $3.7 billion in the second quarter, but the gains are only enough to put the sector on track to match annual levels from more than 12 years ago.

Zombie patents — they cost the healthcare system billions, but just won’t die

I’ve been generally unsympathetic to laments that biotech and medical-device companies will suffer if U.S. patent law is reformed, and that has a lot to do with some of the grotesque but legal patent abuses biopharma companies have perpetrated over the years in order to lock out competition for as long as possible. While Big Pharma has almost certainly been the biggest offender along these lines, Big Biotech has plenty to answer for as well.

Three yards and a cloud of dust: Bioheart limps across the IPO goal line, but with little to show for its struggles

The New York Giants they ain’t, but the team at embattled cell-therapy startup Bioheart still managed to defy long odds and successfully dragged their company into the IPO endzone earlier today. No doubt football great Dan Marino — one of the Sunrise, Fla., biotech’s backers — fired everyone up with a suitable locker-room pep talk.

Biogenerics get an unlikely ally — the Bush administration

The push to create a regulatory framework for generic versions of biotech drugs fizzled last year in Congress, as legislators seemed to lose interest after failing to attach the measure to a major FDA reform bill. But now it’s back, and has gained some unlikely friends in the Bush administration.