Cash is flooding into biopharmaceuticals, but regenerative medicine companies in particular have raked in large sums of cash – in part, because of the high upfront investment in manufacturing, but also because of the potential to cure intractable diseases. In 2020, that meant a record-breaking $19.9bn was invested in cell and gene therapy developers globally – double the $9.8bn raised in 2019 and substantially higher than the prior record of $13.5bn in 2018 – according to a new report from the Alliance for Regenerative Medicine (ARM).
Investment in cell and gene therapy firms last year exceeded the 2018 total before year-end with $15.9bn raised as of the third quarter of 2020. (Also see "Finance Watch: Olema IPO Raises $209m To Advance OPI-1250 For Breast Cancer" - Scrip, 20 November, 2020
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