<code id='0084BE3B66'></code><style id='0084BE3B66'></style>
    • <acronym id='0084BE3B66'></acronym>
      <center id='0084BE3B66'><center id='0084BE3B66'><tfoot id='0084BE3B66'></tfoot></center><abbr id='0084BE3B66'><dir id='0084BE3B66'><tfoot id='0084BE3B66'></tfoot><noframes id='0084BE3B66'>

    • <optgroup id='0084BE3B66'><strike id='0084BE3B66'><sup id='0084BE3B66'></sup></strike><code id='0084BE3B66'></code></optgroup>
        1. <b id='0084BE3B66'><label id='0084BE3B66'><select id='0084BE3B66'><dt id='0084BE3B66'><span id='0084BE3B66'></span></dt></select></label></b><u id='0084BE3B66'></u>
          <i id='0084BE3B66'><strike id='0084BE3B66'><tt id='0084BE3B66'><pre id='0084BE3B66'></pre></tt></strike></i>

          Home / knowledge / hotspot

          hotspot


          hotspot

          author:Wikipedia    Page View:11335
          Adam's take main illustration
          Molly Ferguson/STAT

          Biotech is awash in PIPEs.

          The numbers behind these privately negotiated purchases of public-company stock are astounding. By my count, there have been 30 PIPE transactions involving public biotechs and institutional investors (mostly hedge funds) that have raised $4 billion in the first two months of the year.

          advertisement

          Just this week, five biotechs have brought in a combined $950 million via PIPEs, including Denali Therapeutics raising $500 million, the largest such financing this year. Crinetics Pharmaceuticals raised $350 million.

          Get unlimited access to award-winning journalism and exclusive events.

          Subscribe Log In