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FINANCE ROUNDUP: Three IPOs and three VC rounds

 
• By Mandy Jackson

Before they began their summer vacations, three biotechnology companies raised $62m in venture capital financing and three drug developers grossed $232m in initial public offerings.

Before they began their summer vacations, three biotechnology companies raised $62m in venture capital financing and three drug developers grossed $232m in initial public offerings.

Venture capital investment in biotech companies has been booming with large financing rounds announced this year by several therapeutics firms. However, the first week of August didn't include any triple-digit VC funding deals like the big rounds that the industry saw early in 2015

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