Investments in biotech and healthcare reach records, but some worry about a COVID bubble
Investments into venture-backed start-ups in biotech and healthcare jumped from nearly $60 billion in 2019 to more than $82 billion in 2020, Crunchbase News reports in this article.
However, last year’s total investment is already overshadowed by the almost $108 billion poured into start-ups through the first nine months of 2021. And, as many of those start-ups and their investors think about their future in a post-pandemic world, they are wondering if a proverbial COVID bubble could be on the verge of popping—and how to avoid being in its path of destruction.
