Biotech proved a surprisingly bright spot in 2022’s startup correction
TechCrunch
FEBRUARY 25, 2023
Biotech was one of the most fortunate. Those figures fell short of the 1,415 biotech deals struck in 2021 worth a total of $39 billion. Compared to 2020’s more conservative 1,143 biotech deals worth $29.6 biotech deals also set new records in 2022 for both median deal size, $33.5 The sector recorded 1,054 U.S.-based
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