2020 brought a huge boom in healthcare investment. How big? SVB analysts have the record-breaking answer
As the past year developed, it became clearer that 2020 was proving to be massive for the biopharma industry. But just how big did the sector boom?
The financial gurus over at Silicon Valley Bank attempted to answer that question Thursday, as their top healthcare advisors released their 2020 Annual Report. All in all, SVB has the total amount raised pegged at a staggering $16.8 billion, far eclipsing the fundraising record set in 2019 and marking the biggest year-over-year growth in almost a decade.
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