Trends in Terms of U.S. Life Science Venture Financings Full Year 2011


Survey Introduction and Background

For the past ten years, Fenwick & West has published a quarterly survey of trends in the valuations and terms of venture financings in Silicon Valley. A copy of the most recent version of that survey is available here.

Beginning this year, we have decided to publish a separate survey of biopharmaceutical and medical device companies (“life science”) companies. We believe a separate survey focusing on life science companies will better highlight issues and trends that are affecting the life science industry differently than other industries.

One reflection of these differences is the trend in valuation, as measured by average round-to-round price change, for life science venture financings. As shown in the graph below, price change trends for life science venture financings were broadly similar to information technology industries prior to the 2008-2009 recession, but have been following a different trajectory more recently.

Please see full survey below for further information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Fenwick & West LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »


For more than four decades, Fenwick & West LLP has helped some of the world's most recognized... View Profile »

Follow Fenwick & West LLP:

Reporters on Deadline

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.