Biochemical Engineering Special Interest Group
biological engineering professionals
16 June 2016

VC hits a high for UK biotech

Although not as traditionally as strong as the U.S. market, the U.K. venture capital funding rounds for biotechs hit record levels last year as $489 million ($692million) was raised.  This is according to a new report, compiled by the U.K. biotech trade group the BIA along with consultants at Evaluate and the London Stock Exchange, which details the boon for the industry--an industry that has been hit hard by the 2007 recession and has struggled for many years to gain consistent investment. Source: Fierce Biotech 16/6/2016

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