<code id='DE50509AD3'></code><style id='DE50509AD3'></style>
      • <acronym id='DE50509AD3'></acronym>
      <center id='DE50509AD3'><center id='DE50509AD3'><tfoot id='DE50509AD3'></tfoot></center><abbr id='DE50509AD3'><dir id='DE50509AD3'><tfoot id='DE50509AD3'></tfoot><noframes id='DE50509AD3'>
      • <optgroup id='DE50509AD3'><strike id='DE50509AD3'><sup id='DE50509AD3'></sup></strike><code id='DE50509AD3'></code></optgroup>
        5. <b id='DE50509AD3'><label id='DE50509AD3'><select id='DE50509AD3'><dt id='DE50509AD3'><span id='DE50509AD3'></span></dt></select></label></b><u id='DE50509AD3'></u>
          <i id='DE50509AD3'><strike id='DE50509AD3'><tt id='DE50509AD3'><pre id='DE50509AD3'></pre></tt></strike></i>
           
   
   
   
 

  
           
   
           
    
           
     
          
       Home / hotspot / hotspot      
           
     
           
      
          hotspot 
           
      
           
      
           
       2025-09-27 15:51:53 
   
      
           
      
           
                        
          hotspot  
          
                                   
                 
                                      author：explore   
                                        
                                      
                                      Page View：898
                                  
                                    
          
                                   
          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															
                      
                              
          
                                 Previous article：

                                
                                          American taxpayers paid $1.8 trillion in health care costs in 2022
                                
                            
          Next article：  
                                      
                                          Biden outlines 'new path' to provide student loan relief after Supreme Court rejection
                                                                    
          

      
           
    


       
       
       
    
     
           
    
           
    
           
   
      
     
           
      
           
       
          Related articles