It is too early to say that biotech IPOs are back. But the showing in the first quarter of this year is cheering: more flotations got away since the first quarter of 2022, according to Evaluate Pharma, and more money was raised since the period before that.
Key Takeaways
- 10 biotechs floated on Western exchanges in Q1 2024
- They raised a total of $1
But several of these groups have seen their share price slip since their debuts
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