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Start-Up Quarterly Statistics, Q1 2013

 
• By Deanna Kamienski

Start-up company fundraising got off to a slow start in 2013: life sciences companies brought in $398.7 million, roughly 59% less than in the final quarter of 2012. Of the total raised, 84% went to biopharmas. The majority of start-up alliances were for discovery- or preclinical-stage products and there were four start-up acquisitions for the quarter – three in biopharma and one in the medical device sector.

In the first quarter of 2013, start-up companies generated a total of $398.7 million across all industries, which was a 59% drop from the previous quarter’s $670.3 million. (See Exhibit 1.) Of the Q1 funding, biopharmas pulled in $333.1 million. Compared with Q4 2012, medical device firms nearly doubled their fundraising with $40.9 million, while in vitro diagnostic start-ups fell short and brought in about half of the money with only $24.7 million.

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