<code id='AFF3AA94AF'></code><style id='AFF3AA94AF'></style>
    • <acronym id='AFF3AA94AF'></acronym>
      <center id='AFF3AA94AF'><center id='AFF3AA94AF'><tfoot id='AFF3AA94AF'></tfoot></center><abbr id='AFF3AA94AF'><dir id='AFF3AA94AF'><tfoot id='AFF3AA94AF'></tfoot><noframes id='AFF3AA94AF'>

    • <optgroup id='AFF3AA94AF'><strike id='AFF3AA94AF'><sup id='AFF3AA94AF'></sup></strike><code id='AFF3AA94AF'></code></optgroup>
        1. <b id='AFF3AA94AF'><label id='AFF3AA94AF'><select id='AFF3AA94AF'><dt id='AFF3AA94AF'><span id='AFF3AA94AF'></span></dt></select></label></b><u id='AFF3AA94AF'></u>
          <i id='AFF3AA94AF'><strike id='AFF3AA94AF'><tt id='AFF3AA94AF'><pre id='AFF3AA94AF'></pre></tt></strike></i>

          Home / explore / hotspot

          hotspot


          hotspot

          author:Wikipedia    Page View:28
          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