Venture capital investment in biopharmaceutical companies ticked higher in the first quarter of 2024. In the second quarter, money is flowing into VC investors and funds focused specifically on the life sciences, including Regeneron Pharmaceuticals, Inc.’s first fund and an additional $100m that VC firm Canaan raised and spread across biopharma funds it raised in 2023, bringing their combined total to more than $1bn.
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