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Boulder Valley economy appears poised to weather recovery headwinds in 2022 – BizWest
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Outdoor industry used pandemic to evolve, thrive – BizWest
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The ongoing pandemic has created a wealth of interest from venture capital investors and the broader public in what biotech companies are able to achieve if it’s flush with resources.
That was the sentiment of a group of Boulder area biotechnology industry leaders, who met virtually at BizWest’s CEO Roundtable on the biotechnology industry Tuesday morning.
Steady stream of investor dollars
Biotech was one of the few industries that was relatively unaffected from a financial standpoint during the pandemic, and multiple companies marked significant financial milestones just in the past few months. Edgewise Therapeutics Inc. (Nasdaq: EWTX) raised $202.4 million in late March after filing for a confidential initial public offering, and SomaLogic Inc. agreed to go public via a special purpose acquisition company merger in a deal that would add up to $651 million to the company’s balance sheet this year.