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Finance Watch: A Dozen Deals Add Up To $672m In Biopharma Venture Capital

Three Mega-Rounds Account For Half Of Total

 
• By Mandy Jackson

Ventus Therapeutics raised a $140m series C while Endeavor Biomedicines brought in $101m in series B cash. Also, Twist Bioscience grossed $250m in a follow-on offering, BioMarin raised $110m when it sold a priority review voucher and Nuvectis, TC BioPharm launched IPOs. 

Finance Watch Image
• Source: Shutterstock

Twelve biopharmaceutical companies announced venture capital financings totaling $672m between 7 and 11 February, which was another relatively quiet week for public company offerings. With biotechnology stock prices largely in decline, most publicly traded drug developers have held off on new offerings since the beginning of 2022.

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