<code id='BE3CBB4193'></code><style id='BE3CBB4193'></style>
    • <acronym id='BE3CBB4193'></acronym>
      <center id='BE3CBB4193'><center id='BE3CBB4193'><tfoot id='BE3CBB4193'></tfoot></center><abbr id='BE3CBB4193'><dir id='BE3CBB4193'><tfoot id='BE3CBB4193'></tfoot><noframes id='BE3CBB4193'>

    • <optgroup id='BE3CBB4193'><strike id='BE3CBB4193'><sup id='BE3CBB4193'></sup></strike><code id='BE3CBB4193'></code></optgroup>
        1. <b id='BE3CBB4193'><label id='BE3CBB4193'><select id='BE3CBB4193'><dt id='BE3CBB4193'><span id='BE3CBB4193'></span></dt></select></label></b><u id='BE3CBB4193'></u>
          <i id='BE3CBB4193'><strike id='BE3CBB4193'><tt id='BE3CBB4193'><pre id='BE3CBB4193'></pre></tt></strike></i>

          Home / comprehensive / leisure time

          leisure time


          leisure time

          author:leisure time    Page View:834
          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