NEW: UK #biotech raises more than £830m in fresh capital in Q1, almost topping the £894m raised in first 6 months of 2020.

2021 is on track to be another record-breaking year for UK biotech investment.

bioindustry.org/news-listing/2…

Data provided by @clarivate.

#InvestinBiotech 1/4 HIGHLIGHTS:

1⃣ £336m was raised in venture capital between December 2020 and February 2021, up from £123m in the same period a year ago

2⃣ £215m was raised through IPO, up from £0 a year ago

3⃣ £279m was raised through follow-on financings, up from £186m a year ago

2/4

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: bioindustry.org/policy/finance…

#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

📢BIA report published today reveals that #biotech companies on London stock markets delivered market-beating returns in 2020 and attracted new #investors looking for growth in a turbulent year.

📄 Full report: bioindustry.org/uploads/assets…

#InvestinBiotech 1/7 The combined share price of UK-quoted biotech companies was up 155% over the year.📈

It was outperforming the #FTSE All-Share before the #pandemic hit the UK and accelerated after. 2/7