European Biotech IPOs Go Global
This article was originally published in Start Up
Executive Summary
European biotech IPOs, spurred by the emergence of new European high tech exchanges such as Germany's Neuer Markt and France's Nouveau Marche, reached something of a milestone last year: while there were considerably fewer biotech IPOs completed on these exchanges, for the first time, the average amount raised in these deals was higher than those completed on NASDAQ.