The flip side of the hot IPO mar­ket? A chill could trig­ger a sud­den cash crunch in biotech, fol­lowed by more deals

Over the last 5 years biotech IPOs and fol­low-ons have raised a tsuna­mi of cash to­tal­ing some $128 bil­lion, ac­cord­ing to a new es­ti­mate out …

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