Cash flowed throughout the life sciences ecosystem this week as Blackstone (NYSE: BX) raised a record-setting life sciences fund, companies of all stages announced new financings, and money continued to find its way to those working on efforts to treat or prevent COVID-19.
Financiers poured $100 million or more into at least three biotechs, a trio of financings complemented by smaller rounds raised despite the disruption caused by the ongoing pandemic. Not to be outdone, the federal government’s Operation Warp Speed effort splashed out its largest award yet on a company developing one of the front-runner vaccine candidates against the… Read more »
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