IPO Update: Booming Biopharma On Pace For Another Record Year

62 Drug Developers Went Public In First Half Of 2021

Only 25 more initial public offerings are needed for 2021 to beat 2020’s record-breaking 86 IPOs. However, the average return for this year’s offerings is just 1.1% as of 1 July versus 11% at the end of the first quarter.

IPO on a colorful background
62 firms went public during the first half of 2021 versus 86 in all of 2020 • Source: Alamy

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