VC money in Fla. bioscience surpasses $100M

The bioscience industry in Florida is on the rise in terms of new companies and venture capital flowing into businesses, according to BioFlorida, an industry trade organization.

Venture funding for the industry in 2012, for example, rose 19% over 2011, to $103.5 million, according to a BioFlorida release. That was the best year for venture capital in the industry since 2007. Plus, the amount of deals rose from 15 in 2011 to 19 in 2012.

The amount of biotech startup companies in the sector is growing, too. BioFlorida reports that tally is up 13.5% since the first quarter of 2012.