Navigation Links
Tougher Times May be Ahead for Biotechs: 1H12 Fundraising Slows
Date:7/9/2012

ATLANTA, July 9, 2012 /PRNewswire-USNewswire/ -- The amount of capital generated by private and public biotech companies slowed dramatically in the first half of 2012, with $7.9 billion raised, down 40 percent from the same period in 2011, according to analysis by BioWorld Insight.

(Logo: http://photos.prnewswire.com/prnh/20120628/DC32901LOGO)

It was a particularly tough second quarter with biotech companies collectively raising $2.76 billion, 46.4 percent less than the $5.15 billion raised in the first quarter this year and a whopping 62 percent down from the total raised in the second quarter of 2011.

"While it would be easy to explain away the decline in capital raised to date as a function of the sector being flush with cash, I would argue that the sheer magnitude of the drop off of funding is some cause for concern and is pointing to tougher times ahead for biotech," said BioWorld Insight Editor Peter Winter.

Based on BioWorld's data, the first half of 2012 saw U.S. biotech venture rounds bring in $877 million, a far cry from the $1.2 billion seen in same period last year. The number of deals wasn't the problem – there were 48 in each period – but there was a shift from Series B financings to the earlier round, which increased from 13 last year to 19 this year. The number of late round financings – Series C or later – remained the same year over year.

VCs could be cutting their losses early, but a more upbeat possibility is that there just aren't that many companies requiring Series B financing after the last few years of sluggish investments.

Today's edition of BioWorld Insight ‑ which provides behind-the-scenes analysis and commentary on the biotech marketplace ‑ delves into these trends, as well as the current status on the capital markets.

BioWorld Today, and its analytical
'/>"/>

SOURCE BioWorld
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. National Study: Teen "Heavy" Marijuana Use Up 80 Percent Since 2008, One in Ten Teens Reports Using Marijuana at Least 20 Times a Month
2. Nominations Open for San Francisco Business Times Health Care Heroes Awards
3. Flexpoint Receives Purchase Order for Medical Device Used in Procedure Performed Millions of Times Annually
4. In basic science, sometimes it takes individual benefactors like Roys Poyiadjis to fuel innovation
5. U.S. News & World Report and Pharmacy Times Announce "Top Recommended Health Products"
6. Nature Made Selected As "Top Recommended Health Product" By U.S. News & World Report And Pharmacy Times
7. With Busy Summer Forecast Ahead, More Hotels Are Raising Hygiene Standards, Says UMF Corporation
8. Frost & Sullivan: European Bipolar Therapeutics Market Slows Down in the Short Term As Key Blockbuster Drugs Go Off Patent
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/19/2014)... CTI BioPharma Corp. (CTI) (NASDAQ and MTA: ... quarter 2014 financial results on Wednesday, October 29, 2014, ... the announcement, members of the management team will host ... provide a general corporate update at 4:30 p.m. EDT ... obtained as follows: Wednesday, October 29 ...
(Date:10/19/2014)... Große Pharmafirmen werden oft ... dabei ist, dass große Pharmafirmen nicht willens sind, ... Es war deshalb nicht einfach, diesen ... mehr, dass es uns gelungen ist! Wir haben ... - mit einem Vorbehalt - einige haben uns ...
(Date:10/17/2014)... HILL, N.C. , Oct. 17, 2014 /PRNewswire/ ... landscape, the Medical Affairs function has come across ... allocating resources efficiently and managing globalization.  ... Best Practices, LLC is dedicated to providing benchmarking ... The Medical Affairs Consortium is a service composed ...
Breaking Medicine Technology:CTI BioPharma to Report Third Quarter 2014 Financial Results on October 29, 2014 2Vergleichsbericht zu Pharma-K├╝hlketten und CRT 2Early Key Findings from the Medical Affairs Consortium Research 2
(Date:10/20/2014)... 20, 2014 JZ Fitness, an independently ... corporate wellness programming, authorship, international lecturing and community wellness, ... announce the release of the JZ Fitness nutrition app, ... of coaching thousands of individuals on nutrition, Jenn Zerling ... does not require calorie counting or cumbersome food logging. ...
(Date:10/20/2014)... Myoderm announced today ... of their CentralSource service. Matthew will ... turnkey drug sourcing, distribution, and management service for ... years of industry experience, in both business development ... of their international success to help clients manage ...
(Date:10/20/2014)... National Teen Driver Safety Week is October 19-25, 2014 ... (Ohio AAP, http://www.ohioaap.org ) is joining the National Highway ... to talk to their teens and always set the rules ... the leading cause of death for U.S. teens. In 2012, ... 859 (42%) of those teen drivers were killed in crashes. ...
(Date:10/20/2014)... York, NY (PRWEB) October 20, 2014 ... be introduced in the U.S., has a lot to celebrate ... when our country recognizes the achievements and contributions of Americans ... the anniversary for Punzoné, and today it shares its favorite ... take a trip to Italy - even if it is ...
(Date:10/19/2014)... (PRWEB) October 20, 2014 The ... iPage ( http://www.top10bestseohosting.com/go/iPage/ ) and GreenGeeks are the ... excellent platforms for those who want to buy ... same time. , The IT manager of Top10BestSEOHosting.com ... the most recommended suppliers for everyone. A lot ...
Breaking Medicine News(10 mins):Health News:JZ Fitness Nutrition App Launches on iTunes 2Health News:JZ Fitness Nutrition App Launches on iTunes 3Health News:Myoderm Hires Matthew Voicheck to Lead Turnkey Drug Sourcing Service 2Health News:Ohio AAP Promotes National Teen Driver Safety Week 2Health News:Celebrate Italian Heritage Month With Authentic Cocktails from Punzoné: The Only Ultra Premium Line of Organic Imported Italian Vodka 2Health News:Celebrate Italian Heritage Month With Authentic Cocktails from Punzoné: The Only Ultra Premium Line of Organic Imported Italian Vodka 3Health News:Celebrate Italian Heritage Month With Authentic Cocktails from Punzoné: The Only Ultra Premium Line of Organic Imported Italian Vodka 4Health News:Top10BestSEOHosting.com Considers iPage And GreenGeeks As The Best Dedicated Server Hosting Suppliers 2
... Two researchers who translate math into,better patient care and one ... year,s winners of the Komen Brinker Award for Scientific,Distinction in ... in San Antonio, Susan G. Komen for the Cure(R) announced ... http://www.newscom.com/cgi-bin/prnh/20070122/NYM084LOGO ) , ...
... The U.S. Government, through the U.S. Agency for International Development ... cholera outbreak in Zimbabwe. This assistance is in addition ... USAID is already implementing in Zimbabwe. , ... alongside the international community to prepare for the possibility of ...
... An Ontario study of 491 women with invasive ovarian ... for genetic testing of BRCA1 and BRCA2, the breast ... of their cancer risk. , Dr. Kelly Metcalfe, ... S. Bloomberg Faculty of Nursing, and an adjunct scientist ...
... 4 NAMC members can gain access to cutting edge ... opportunities for interaction via computer. The next webinar will ... and Communicating With Your Online Audience , Do ... you,ve found them, do you know how to engage them? ...
... Healthcare, Inc. reminds,consumers to take full advantage of the ... expire by purchasing products to take,control of their personal ... nebulizers. , (Photo: ... (Photo: http://www.newscom.com/cgi-bin/prnh/20081204/AQTH541-b ) , ...
... Must Be Addressed , , ... incoming 111th Congress prepare for the many policy issues potentially ... American College of Surgeons (ACS) has released a comprehensive policy ... calls on policymakers to support a reform approach that improves ...
Cached Medicine News:Health News:Susan G. Komen for the Cure(R) Announces Recipients of 2008 Komen Brinker Award for Scientific Distinction 2Health News:USAID Increases Assistance for Zimbabwe Cholera Outbreak 2Health News:Few Ontario women with invasive ovarian cancer referred for genetic testing of breast cancer genes 2Health News:New NAMC Member Service! Complimentary Webinars for NAMC Members - On Topics You Need to Know! Sign Up Today for This New and Exciting Educational Program! 2Health News:Maximize Flex Spending Account Funds Before They Expire 2Health News:Maximize Flex Spending Account Funds Before They Expire 3Health News:American College of Surgeons Issues New Health Care Reform Agenda, Emphasizes Need to Address Access, Surgical Workforce Shortage 2Health News:American College of Surgeons Issues New Health Care Reform Agenda, Emphasizes Need to Address Access, Surgical Workforce Shortage 3Health News:American College of Surgeons Issues New Health Care Reform Agenda, Emphasizes Need to Address Access, Surgical Workforce Shortage 4
A system for the removal and filtration of laser and surgical smoke....
Stryker Instruments, the leader in surgical helmets, offers its 4th generation of personal protection systems for todays surgical environment the Sterishield T4 System....
... The PS Medical Strata valve is ... the resistance properties of the valve can ... is designed to minimize overdrainage of cerebrospinal ... within a normal physiologic range, regardless of ...
... For faster test setup, try Cadwell paired ... reference discs. The custom-molded contacts are 10 ... made from solid stainless steel with a ... wires are color coded and available in ...
Medicine Products: