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Biotech financing

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<strong>Biotech</strong> <strong>financing</strong>: Europe<br />

European biotechnology IPOs by year<br />

Capital raised<br />

Number of deals<br />

3.5<br />

35<br />

3.0<br />

30<br />

2.5<br />

25<br />

2.0<br />

20<br />

1.5<br />

15<br />

1.0<br />

10<br />

0.5<br />

5<br />

0<br />

2000<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

2011<br />

2012<br />

2013<br />

2014<br />

2015<br />

0<br />

Source: EY, Capital IQ and VentureSource.<br />

24 Beyond borders 2016 — <strong>Biotech</strong> <strong>financing</strong>

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