Follow-ons perk up in June, but still well shy of last year’s haul
Ten biotechs raised almost $1 billion in follow-ons in June 2022
Ten biotech companies raised $947.5 million in June, more than double the $451.9 million raised by five companies in May. The group contains two companies which raised IPOs in 1Q22 — TC Biopharm (Holdings) plc (NASDAQ:TCBP) and Arcellx Inc. (NASDAQ:ACLX). ...