BioWorld - Thursday, September 28, 2023

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Med-tech financings June 2023

$1.7B raised by med-tech in June as financing contraction continues

July 7, 2023
By Amanda Lanier
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Med-tech companies raised a total of $1.7 billion in financings in June, a decrease of 21.64% compared to the same month last year. Volume of med-tech financings are also down: 30 in June 2023 compared to 41 in June 2022. Numbers are down significantly from the 56 financings worth $4.45 billion in June 2021, 76 financings worth $5.27 billion in June 2020, and 47 worth $2.08 billion in June 2019.
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Hand holding gear, dollar sign
Biopharma financings June 2023

Biopharmas raise $6.82B in June, reflecting industry resilience

July 7, 2023
By Amanda Lanier
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In June 2023, biopharmas collectively raised $6.82 billion through 109 financing transactions. The amount raised is 32.95% more than last June’s $5.13 billion, and the number of transactions is up 26.74%, compared to 86 in June 2022. This echoes the 23.34% increase seen in financings in the first half of 2023 compared to last year.
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Biopharma nonprofit deals and grants May 2023

Nonprofit deal value plummets while biopharma grant value holds steady

July 3, 2023
By Amanda Lanier
No Comments
Both the value and number of reported biopharma nonprofit deals has fallen significantly, being at the lowest amount in the past five years. Compared to the first five months of last year, the value of biopharma nonprofit deals has decreased by about 63%. Meanwhile, money raised via grants has fallen slightly, 6.11%, but is vastly less than the value and number seen in 2020.
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