Top Biotech Pharma Companies 2013
Biotechnology companies exceeded $175B in global sales in 2013, and the year saw the largest wave of IPOs since the 2000-2001 bubble. Genomics, a field within the biotech industry focused on the study of organisms genes, experienced especially high activity in 2013.
The sector saw close to $472M in venture capital financing across 46 deals. This was a 25% uptick in funding growth YoY. Geographically, deal activity for genomic and biotech companies was heavily concentrated in California. The state had nearly 39% of deals between 2012 and 2013.
In the first two quarters of 2013, the healthcare sector accounted for over ½ of all venture-backed IPOs. Public biotech offerings were in demand, with technologies like gene therapy and RNA interference making significant strides in the market.
The biotechnology startups that raised the most funding in 2013 were Acetylon Pharmaceuticals ($100M), Bellerophon Therapeutics ($80M), and PTC Therapeutics ($60M).
What is biotechnology?
Biotechnology is the use of biology to develop products using living materials. The most prominent approach is genetic engineering. Biotech companies mainly work in the fields of medicine, agriculture, and crop production.
What is an IPO?
Initial public offering, or IPO, is the process of a privately owned company (not listed on the stock exchange) selling its shares for the first time. This allows the company to raise equity capital from public investors.
What is a share price and market cap?
Share price indicates the value of the stock to buyers and sellers. It is the amount it would cost to buy a single share in a company. This is a reflection of the company’s value, and the total value of a company is called its market cap. This is determined by multiplying the price of a stock by its total number of outstanding shares.
How does CB Insights find the top IPO companies?
CB Insights has an extensive database of private and public companies, and is adding to the database daily by scanning public documents. Based on the in depth tagging process within our system, users can easily find records on the top IPO companies each year.