Market Capitalization – Big Pharma - Milken Institute
Market Capitalization – Big Pharma - Milken Institute
Market Capitalization – Big Pharma - Milken Institute
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VC Funding Exhibits Sluggish Growth<br />
Biotech Industry Financing<br />
Source of Funds 2002 2003<br />
1-yr<br />
Growth<br />
Public/ Other $5,636 $9,466 68%<br />
Venture Funding $3,227 $3,330 3%<br />
Follow-on offerings $925 $3,127 238%<br />
IPOs $464 $562 21%<br />
Milestones and Equity Buys $217 $443 104%<br />
Total $10,470 $16,927 62%
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