Free website hits

Over the past year, the humble blank-check IPO has risen from a disreputable relic of the 1980s into a bona fide financial trend. And biotech has been among the most ardent practitioners.

In 2020, 33 health care-focused blank-check firms have gone public, raising $6.3 billion from investors, according to SPAC Research. That outstrips the roughly $4 billion drug companies raised through traditional IPOs in all of 2019 (but falls well short of the $16 billion raised by biotech IPOs in 2020). As of Dec. 21, another eight health care blank-check firms are lined up to go public, and if they succeed, they’d add $1.4 billion more to the year’s tally.

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!


What is it?

STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.

What’s included?

  • Daily reporting and analysis
  • The most comprehensive industry coverage from a powerhouse team of reporters
  • Subscriber-only newsletters
  • Daily newsletters to brief you on the most important industry news of the day
  • STAT+ Conversations
  • Weekly opportunities to engage with our reporters and leading industry experts in live video conversations
  • Exclusive industry events
  • Premium access to subscriber-only networking events around the country
  • The best reporters in the industry
  • The most trusted and well-connected newsroom in the health care industry
  • And much more
  • Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.


Leave a Reply

ArabicChinese (Simplified)EnglishFrenchGermanItalianJapanesePortugueseRussianSpanish

[mc4wp_form id="449"]