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Start-Up Quarterly Statistics, Q4 2011

 
• By Deanna Kamienski

Biopharma start-ups raised $693 million in Q4 2011, up 131% from Q3. Device companies brought in $111 million, and diagnostics firms raised $120 million total, $96 million of which was from Biocartis’ Series C. Cancer was the most prevalent therapeutic area for biopharma alliances. And in great contrast to Q3’s one M&A deal involving a start-up company, Q4 saw nine start-up acquisitions.

In the fourth quarter of 2011, biopharma start-ups raised a whopping $693 million – 131% more than Q3. This is the most money generated in this sector since we started running this Quarterly Statistics column in START-UP four years ago. Worth noting is the variety of financing types – seven – that took place in the biopharma category. Medical device companies raised $111 million, down 17% from the previous quarter, and 40% went to Series A rounds. In vitro diagnostics start-ups are finally on the radar, with a total of $120 million raised; however, $96 million was from Biocartis NV’s Series C round. [See Deal] The first two quarters of 2011 saw no diagnostic start-up fundraising, and during Q3 only $10 million was raised.

Exhibit 1

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