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The Biopharma A List: Taking The Pulse of Newco Creation In 2024

 
• By Amanda Micklus

The landscape for overall private biotech financing in 2024 featured investors who were interested in funding new developments – if Big Pharma was willing to pay up eventually in partnerships and M&A – but also reluctance as the industry faced macroeconomic and regulatory uncertainties.

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One key indicator of the health of the biopharma industry is the rate of new company creation, and a new Evaluate analysis, using series A financings as a proxy shows that 2024 saw an encouraging uptick in start-up activity and investor appetite.

First-time financings by start-ups typically represent around one third of overall venture capital (VC) funding in any given year, and...

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