Venture capital funding for the Life Sciences sector, which includes biotechnology and medical devices, reached $2.5 billion in 195 deals for 2Q14, according to a new report, "Biotech soars to record high," that includes data from the MoneyTree Report from PricewaterhouseCoopers (PwC; New York) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters (New York). While this quarter was the highest Life Sciences investment since 2Q07, it was also the strongest second quarter since 1995, which is the earliest data recorded by the MoneyTree.