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High-Flying Biotech Valuations Are Falling – And Maybe That’s A Good Thing

Big Pharma Focused On Science, Not Prior Funding

 
• By Mandy Jackson

Venture capitalists speaking at Biocom’s Global Life Science Partnering Conference looked forward to a return to rational valuations that could enable better returns for investors and pharma buyers.

Passenger airplane is flying in colorful sky at sunset
The sun is setting on high biotech valuations this year • Source: Alamy

Venture capital investors speaking at Biocom’s Global Life Science Partnering Conference did not exactly cheer declining biotechnology company valuations but they welcomed a return to more rational valuations that could justify further fundraising and deal-making at terms that make sense for investors and big pharma buyers.

“In the private investing area, I actually think this is a good thing that we're going to have some rationalization...

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