Biotech companies lead venture dollars raised by Florida companies in first quarter

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This year there will be an estimated 1.69 million new cancer cases diagnosed and 600,920 cancer deaths in the U.S., according to the American Cancer Society.

In South Florida, there are two biotech companies targeting cancer that are receiving money to do something about it.

F1 Oncology in West Palm Beach and Altor Bioscience Corp. in Miramar led Florida venture capital deals in the first quarter, according to a new MoneyTree report releasedWednesday by PricewaterhouseCoopers and CB Insights.