The 2018 C-Suite Challenges in Life Sciences
Survey from Biotech & Money/LSX paints a positive
picture of the biotech economy. With 34% of respondents having
recently received seed investment, and a further 35% having
received series A and B investment – the start-up and SME
scene is clearly in rude health.
At the other end of the market too, 16% of respondents reported
their most recent financing round as being an IPO or second and
follow-on offering.
The growth and investment we are seeing in this sector is being
driven by the big health challenges of our time. Almost one-quarter
(23%) of respondents, for example, are in the field of neurology
and 17% in cardiovascular – with biotech companies looking to
meet the challenges associated with an ageing population. Also
reflecting contemporary health concerns, 29% of respondents are in
the field of oncology.