Fierce Health Payers October 19, 2020
Global healthcare funding soared in the third quarter, hitting a new record of $21.8 billion across 1,539 deals.
Healthcare investments were up 18% from $18.4 billion in the second quarter of 2020.
Funding for healthcare sectors including digital health, telehealth, artificial intelligence and women’s health all set new highs during the third quarter, according to a report from CB Insights.
North America-based healthcare companies raised nearly $13 billion in the third quarter of 2020, the highest quarterly level on record and a 21% increase from the second quarter. Asia-based companies saw a 20% uptick quarter over quarter, raising over $6 billion. This was driven by a record-high number of mega-rounds in the U.S. and China, with 48 total rounds, according...
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