Discover and read the best of Twitter Threads about #biotechs

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In #biotech #stocks, the highlight today is $ONT.L Oxford @nanopore which now has its own stock ticker in the London Stock Market. Yahoo Finance hasn't updated the Market Cap yet, I think it usually takes a few days. Google Finance has no matches for it yet. ImageImage
I've added it to my list between $NTRA (~$10B) and $NVTA (~$6B). Assuming it holds above $6B by the time the market cap value shows up in Yahoo Finance, that's the right place for the stock to be. Image
This now adds $6B of market cap to my list, which after a few jittery days at the NASDAQ, is at around $440-$450B, with the 4 largest #biotechs holding about 2/3rds of the value. Image
Read 5 tweets
New data published today by the BioIndustry Association and @clarivate reveals UK biotechs raised a total of £2.8bn in 2020, marking the best ever year for the sector.

Full report:…

#InvestinBiotech 1/5
Investment in UK #biotech has increased by over 1000% since 2012! 💰

2020’s £2.8bn record far exceeds the £2.2bn record set in 2018 and is over 10x the total raised in 2012, when the BIA began publishing #investment data. 2/5
UK biotechs raised a total of £1.39bn in venture capital funding over the last five years.📈 3/5
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