Is There a Healthcare Bubble, and Is It About to Burst?
April 08, 2015
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For some time now, the IPO environment for VC-backed U.S. healthcare companies (primarily biotechs) has been robust. 28 such companies went public in the first quarter of 2014, according to PitchBook's database, setting an all-time record. After an understandable drop in IPO count the following quarter, the numbers rose again for the next two quarters to finish the year. But the healthcare IPO party came to a bit of a halt in the first quarter of 2015, with only 11 healthcare companies going public, the lowest amount in...