Published on
Monday, August 27, 2012
Biotech financing didn't take a
summer break, as the sector already has raised more money this quarter than in
all of 3Q11. Overall, however, 2012 is still shy of last year's pace.
Biotech has raised $7.8 billion
thus far this quarter, which far outstrips the $4.2 billion the industry
brought in during 3Q11. It also bests the $7.1 billion