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Finance Watch: Q1 Numbers Suggest A Brisk VC Deal Pace For Cell And Gene Therapies In 2019

 
• By Mandy Jackson

An Alliance for Regenerative Medicine (ARM) report shows big Q1 numbers for venture capital and partnership deals. Also, mid-May VC deals surge globally across therapeutic areas, Biogen pushes back against a bargain-hunting investor and recent public company financings.

Finance Watch
IPOs, FOPOs slowed in Q1, but VC deals soared.

The pace of public company financings by cell and gene therapy developers slowed in the first quarter versus the prior two years, according to a new report from the Alliance for Regenerative Medicine (ARM), but venture capital financings and partnership deals in the sector are maintaining a brisk pace so far in 2019.

ARM's quarterly report, based on data from Informa Pharma Intelligence, noted that cell and gene therapy IPO activity totaled just $117m in the first quarter compared with $1.9bn in 2018, which breaks down to an average of $481.8m per quarter last year, though the quarterly average in 2017 was just $63.5m

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