AM_OrangeCounty Why_SoCal_Tech | Page 18

Strong growth in the healthcare industry calls for equally strong growth in life sciences. Southern California is home to many healthcare facilities which provides opportunities for local life science firms to be at the forefront of research and development. Investors understand there is strong synergy in the market between healthcare and life science firms which illustrates how integrated the ecosystem is in Southern California. Recent significant investment rounds include Dexcom ($350M), Human Longevity ($220M), Endologix ($170M), Biosynthetic Technologies ($100M), Kernel ($100M), and Puma Biotechnology ($100M). Capital funding for med-tech industry 35 $500 $450 30 $400 25 $350 $300 20 $250 15 $200 $150 10 $100 5 $50 $0 Funding volume Source: JLL Research, PWC Moneytree # of deals 0