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Finance Watch: Biopharma VC Deals On Track For A Record-Breaking Year

 
• By Mandy Jackson

Private Company Edition: Venture capital invested in pharma and biotech in 2020 totaled $19.5m through Q3, just $400m below the full-year record total of $19.9bn in 2018. Also, Canaan and Catalio reveal new VC funds, while Talaris’s $115m series B leads recent financings.

Finance Watch

Venture capital fundraising by biopharmaceutical companies in 2020 totaled $19.5bn during the first three quarters of 2020, which beats the full year 2019 total of $17.4bn and is on track to surpass the record-breaking 2018 total of $19.9bn, according to the Venture Monitor report from Pitchbook and the National Venture Capital Association (NVCA).

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