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A Growing Backlog Of Biotechs Haven’t Raised Funding Since The Boom
https://news.crunchbase.com/health-wellness-biotech/biotech-unicorn-startups-funding-havent-raised-since-2022-data/
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More than 200 private U.S. biotechs with $50 million or more in funding to date secured their last reported financing between three and five years ago. The list includes at least 15 biotech unicorns and emerging unicorns.