Biotech
Aug. 28, 2013
"Moribund" VC market tests biotechs
Investors have jumped into biotech IPOs with unprecedented zeal this year, but that enthusiasm has yet to spread to the private equity market for life science startups.
Daily Journal Staff Writer
Investors have jumped into biotech IPOs with unprecedented zeal this year, but that enthusiasm has yet to spread to the private equity market for life sciences startups. Rather, it's been a tale of two capital markets - a "frothy" public one and "moribund" private one, as O'Melveny & Myers LLP's life sciences partner Sam Zucker put it - and venture funding is still nowhere...
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