So where is the smart biotech venture capital going and what biotech startups are making news today?
However, one cannot discuss biotech industry trends without discussing biotech investment trends. So where is the smart biotech venture capital going and what biotech startups are making news today? Labiotech predicts increased M&A activity through 2024, driving growth for larger companies but making things more difficult for smaller ones. Other trends to expect in 2024 and beyond are increased outsourcing among biotechnology firms and increased partnerships with CROs (Specialty Contract Research Organizations). In summary, Labiotech contends that “2024 stands as a pivotal year that could potentially mark a turning point in the biotech industry.”