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March 16, 1998 | BARBARA MARSH, TIMES STAFF WRITER
In 1987, a patient at an emergency room in Encinitas nearly died when an intravenous catheter accidentally disconnected during treatment for a heart attack. His physician, Dr. Steven Bierman, discovered the problem, tore through layers of tape securing the catheter and restored drug flow. The man survived. But such disconnections were common--and Bierman resolved to find a better way to secure catheters. "I was very upset because this had happened too many times," he recalls.
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January 28, 2003 | Josh Friedman, Times Staff Writer
Venture capital investing in Southern California companies fell to a five-year low in the fourth quarter of 2002, reflecting a nationwide pullback that may drag on for much of this year, experts say. Southland entrepreneurs received $344 million from venture capital firms in the period, a drop of more than 50% from a year earlier and the lowest quarterly total since July to September 1997, according to the MoneyTree survey by the National Venture Capital Assn.
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