Biotech Acquisitions Heat Up, Giving Venture Capitalists Hope for 2024

Biotech Acquisitions Heat Up, Giving Venture Capitalists Hope for 2024

Recent acquisitions of small drugmakers are giving biotechnology venture capitalists hope for stabilization in their industry following two years of declining investment. Purchases this week followed a busy fourth quarter for biotech mergers and acquisitions, providing venture capitalists with returns as few companies are going public. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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