
Biotech IPOs are the industry’s lifeblood. Track how they’re performing.

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Biotech IPOs are crucial for funding drug development, with public investment supporting new drugmakers. In 2021, over 100 biotechs raised nearly $15 billion through IPOs, but activity dropped significantly in 2022, with only 11 companies pricing initial share sales. Emerging biotechs now face challenges in accessing public markets, raising questions about which will succeed and provide returns. Biopharma Dive is tracking these developments in a regularly updated database.
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