UK Biotech Snapshot 2019

 A new report from the UK BioIndustry Association (BIA) asserts that the UK biotech industry is booming, despite Brexit uncertainties. Financing raised by UK biotechs in 2019 was down on the record year of 2018, but up on 2016 and 2017.

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A longer term perspective (below) shows that UK biotech financing is on an upward trend.

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Several UK biotechs were acquired in 2019, most notably BTG, which was bought up by Boston Scientific for GBP 4.3 billion

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