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BIO 2022 Notebook: Staying Afloat In Rough Waters

 
• By Scrip Team and Pink Sheet Team

News and views from day two of the BIO annual meeting include reflections on the ups and downs of the financing environment, Cerevance CEO Craig Thomson on the challenges of raising VC funds right now, and Bayer business development exec Marianne de Backer explains that it's not a good strategy to buy things just because they are on sale. 

BIO 2022 Notebook Day 2
• Source: Shutterstock

As 2022 proves to be a year of missed predictions and uncertainty, we are using this year's BIO notebook to provide additional context by reviewing different industry metrics to provide more perspective to the comments coming from the meeting. 

Biotechnology stock valuations are down 30%-50% over the past year, depending on which index you track, impacting the ability of private drug developers to go public and for public companies...

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