Tracy Lefteroff is the global managing partner for PricewaterhouseCoopers.She said that her company is eager to invest in newly created biotech companies because the U.S.has an aging population that will need new medications and treatments.What kind of equity capital would Lefteroff be likely to provide?

Question

Quizplus · Accepted Answer

Venture capital is the type of equity capital typically provided to newly created or early-stage companies with high growth potential, such as those in the biotech sector. PricewaterhouseCoopers, through its interest in investing in these companies, would likely offer venture capital to support their development and commercialization of new medications and treatments.

Tracy Lefteroff Is the Global Managing Partner for PricewaterhouseCoopers