Finance Watch: Billions Flow Into Biopharma Via Three New Investment Funds

Blackstone raised $3.44bn of a $4.58bn life science fund, while HealthCare Royalty Partners raised $1.8bn and MVM closed a $325m fund. Also, 20 private drug developers raised $20m or more, but three public biopharma firms unveiled restructuring plans. 

Finance Watch

Billions of dollars flowed into biopharmaceutical companies in the first full week of January with $5.5bn in new funding for private and public drug developers revealed in new investment funds, including the first $3.44bn of a new fund that’s being raised by Blackstone Life Sciences.

The investment firm Blackstone launched the private investment platform Blackstone Life Sciences after the parent acquired Clarus, a life science-focused...

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