Biotech Industry Shatters Key Fundraising Records in 2014

The biotech industry shattered records for venture investment, IPOs, and M &A in 2014 as growing enthusiasm for breakthrough technologies and rising stock prices drove investment. Overall, the global life sciences industry raised a total of $104.2 billion, up from $92.9 billion in 2013.

It was the second biggest year for total fundraising in the industry’s history, bested only by 2009 when the industry raised $108.6 billion. The 2009 numbers, though, were driven by a total of $83.1 billion in global debt financings, much of which was tied to large acquisitions made that year.

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