The anticipated decline in the biotech industry's ability to raise capital from public investors and an accompanying slump in biotech markets materialized in 2016, but all is not gloom and doom.
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Morrison, C., Lähteenmäki, R. Public biotech in 2016—the numbers. Nat Biotechnol 35, 623–629 (2017). https://doi.org/10.1038/nbt.3917
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DOI: https://doi.org/10.1038/nbt.3917
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