2021 forecast: In spite of COVID-19—and partly because of it—biotech IPOs have a record year

2021 forecast: In spite of COVID-19—and partly because of it—biotech IPOs have a record year

Source: 
Fierce Biotech
snippet: 

It didn’t look good for IPOs when the pandemic took hold. COVID-19, social distancing and general uncertainty upended the public markets, leading Renaissance Capital to predict IPOs to “grind to a virtual halt” in the spring.

But experts predicted that biotech IPOs would be the silver lining in an otherwise dismal year. What they didn’t predict was just how successful the sector would be.