Economy

UK biotech financing holds steady against soft economic backdrop


UK biotech financing holds steady against soft economic backdrop

The latest UK biotech financing
report
, prepared by
the BioIndustry Association (BIA), has been published.

The BIA, the main trade group representing the
biotech industry in the UK, delivers regular reports into the
health of the sector, including the financing environment.

According to the latest figures, British
biotechs secured $2.3 billion in equity financings last year,
with the majority of this money coming from venture capital
investments.

Overall,…

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