European Biotech Investors Cap Off Record Year in Fundraising by Jonathan Smith

 

Healthcare and biotech – while once considered slightly risky investments in Europe – are now very much a priority for even the most conservative investors. Everyone wants to make sure they are in it and that has led to a strong increase in VC funding.” said Antoine Papiernik, Sofinnova’s Managing Partner and Chairman

Europe is seen as very attractive currently because good quality assets can be sourced 40% cheaper compared to equivalent US assets and the cost of running a biotech business in Europe is 50% lower compared to the US,” said Sander Slootweg, the Managing Partner of Forbion

 

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