Fierce Health Payers November 25, 2020
After hitting the high-water mark in the third quarter, global healthcare funding is projected to slow down in the final quarter of 2020.
Global healthcare funding soared in the third quarter, hitting a new high of $22.3 billion across 1,575 deals.
To date, investors have poured $10 billion into healthcare companies in the fourth quarter, and funding is projected to hit $19.6 billion by the end of the quarter, down 13% from the third quarter, according to data from CB Insights on healthcare and digital health investments.
But that’s still up 22% compared to the same period a year ago when global healthcare funding reached $15.7 billion.
CB Insights projects total deal count in the fourth quarter to reach 1,267,...