pharmaphorum May 15, 2019
A gang of digital health start-ups worth a combined $7.6 billion are preparing for IPOs after three years of inactivity, according to a press report.
Regular readers of pharmaphorum will have noted that digital health firms have attracted billions of dollars of investment from private backers, with 2018 proving to be a vintage year where the sector raised $9.4 billion in backing from VCs.
But that investment may have peaked as VC investment figures for Q1 this year were down compared with the same period in 2018, although it’s too early to say whether this was caused by disruption to the US financial system caused by the 35-day government shutdown at the start of the year.
But there have been...