Typical biotech Series A rounds reached $20M to $40M in 2017
DJ Kleinbaum · DJ Kleinbaum · Jul 15, 2017 · at 2:18
DJ Kleinbaum, co-founder of Emerald Therapeutics, contrasts standard biotech initial funding with his firm's lean capital raise.
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“Nowadays a biotech company might raise 20, 30, forty million dollars for a first round of financing, and we raised a tiny fraction of that”
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