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Start-Up Quarterly Statistics, Q1 2020

 
• By Deanna Kamienski

A review of biopharma start-up dealmaking and financing activity from January through March 2020, based on data from Biomedtracker.

Start-Up Quarterly Statistics regular column feature image

Mergers and acquisitions for the youngest of firms continues to decline, from three in the fourth quarter of 2019 to just one in Q1 2020. Total financings were also down, with $1.37bn raised in Q1 compared to $3bn in Q4. But the top initial public offering reached higher heights in the first quarter, with Passage Bio raising $231m compared to Phathom's $194.3m at the end of last year. 

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