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Milestone Monday: How Two Very Large Parties Helped Biotech’s IPO Year Reach $8.89bn

The count is far from 2021’s 107, but this year’s $306.6m average is the highest of the past seven years. Bambusa and Aspen, the latest two, came in under it.

Empty, set tables in a dimly lit restaurant, with black-and-white diner portraits on the wall above.
Fewer diners, fatter checks. Picture by Yanhao Fang / Unsplash.