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Germany's biotech sector receives record funding in 2020: EY - World News


2021-04-20 14:05:56 GMT2021-04-20 22:05:56(Beijing Time) Xinhua English
BERLIN, April 20 (Xinhua) Financing of biotech companies in Germany reached a new record level in 2020, according to a study published by consulting firm Ernst & Young (EY) on Tuesday.
German biotech companies raised a total of almost 3.1 billion euros (3.73 billion U.S. dollars) via venture capital, initial public offerings, follow-on financing and convertible bonds, an increase of 146 percent compared to the previous record year of 2018, according to the study.
2020 was an exceptional year for the German biotech industry in every respect, said Alexander Nuyken, EY partner, in a statement. Financing numbers are virtually exploding. ....

Alexander Nuyken , Oliver Schacht , ஆலிவர் ஸ்ச்சித் ,