Oregon biotech, digital health investments declined in 2022

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After peaking in 2021, venture capital investing in Oregon biotech, medical device and digital health companies returned to pre-pandemic levels last year.

All told, there were 25 deals valued at $73 million, according to data gathered from Pitchbook. That’s down from 31 deals and $145 million in 2021 and closer to the $78 million in deals completed in 2019.

Boulder Care, which provides virtual medication-assisted therapy for substance use disorders, took home the single largest investment of…