We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
SVB Financial Group | NASDAQ:SIVB | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 106.04 | 120.00 | 0.01 | 0 | 01:00:00 |
SANTA CLARA, Calif., Jan. 9, 2020 /PRNewswire/ -- US healthcare venture fundraising reached $10.7B in 2019, setting a record for the third consecutive year, according to Silicon Valley Bank (SVB) (NASDAQ: SIVB), the bank of the world's most innovative companies and their investors. Investment into venture-backed biopharma, medical device and diagnostics and tools (Dx/Tools) and healthtech reached $32B in 2019, only slightly down from 2018.
"In 2019, public markets created significant mark-ups with up-round IPOs and positive post-IPO performance for biopharma, dx/tools, device and healthtech companies," said report author Jon Norris, Managing Director of SVB's Life Science and Healthcare Practice. "Strong M&A and IPO performance also led to greater returns for limited partners, further driving fundraising and investment."
SVB's annual Healthcare Investments and Exits Report analyzes and predicts trends for venture capital investing, fundraising and exits that shape the biopharma, medical device, diagnostics/tools and healthtech sectors in the US and Europe.
Notable Results of 2019:
SVB's Outlook for 2020:
"We can expect to see companies build on the momentum of 2019's IPO surge in the first half of 2020, but US fundraising will likely slow in the second half of the year," said Norris.
The Life Science and Healthcare Practice of Silicon Valley Bank delivers specialized solutions and market expertise in the areas of biopharma, medical device, diagnostics and tools, digital health and healthcare services, with a focus on helping companies of all sizes grow.
Read the full Healthcare Investments and Exits report here: svb.com/healthcare-investments-and-exits
About Silicon Valley Bank
For more than 35 years, Silicon Valley Bank (SVB) has helped innovative companies and their investors move bold ideas forward, fast. SVB provides targeted financial services and expertise through its offices in innovation centers around the world. With commercial, international and private banking services, SVB helps address the unique needs of innovators. Learn more at svb.com.
©2020 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).
View original content to download multimedia:http://www.prnewswire.com/news-releases/silicon-valley-banks-healthcare-report-signals-investor-optimism-for-fundraising-and-ipo-market-in-2020-300984109.html
SOURCE Silicon Valley Bank
Copyright 2020 PR Newswire
1 Year SVB Financial Chart |
1 Month SVB Financial Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions