Biotech funding rises 75% this year as M&A activity continues
Investing.com, citing Macquarie data for the week ended Aug. 14, reports global biotech funding up 75% year over year. IPOs rose 224% and follow-ons 140%, while private investment in public equity rose 29% and venture funding 38%. Examples include Jazz Pharmaceuticals’ $820M upfront deal for Actio Bio and Silence Therapeutics’ $200M upsized IPO.

