How big is the 2020 biotech IPO boom? More than $11 bil­lion big among the year's four dozen en­trants

It’s no se­cret that 2020 has been a boom­ing year for biotech IPOs.

Not even a glob­al pan­dem­ic could slow this train down. Through Au­gust 20, there have al­ready been 47 IPOs, match­ing the to­tal num­ber of de­buts from all of 2019. Kymera’s de­but Fri­day morn­ing brings the tal­ly to 48, and if the cur­rent pace con­tin­ues, there will be more than 70 biotech IPOs over the course of the year. These four dozen com­pa­nies have raised ap­prox­i­mate­ly $11.375 bil­lion com­bined.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.