UK biotech financing holds steady against soft economic backdrop

25 January 2024

The latest UK biotech financing report, prepared by the BioIndustry Association (BIA), has been published.

The BIA, the main trade group representing the biotech industry in the UK, delivers regular reports into the health of the sector, including the financing environment.

According to the latest figures, British biotechs secured $2.3 billion in equity financings last year, with the majority of this money coming from venture capital investments.

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