Archive: biobonds
Startup Insider: Filling the Biopharma Funding Gap
By Early Investing on July 12, 2021
There’s a funding gap in medical research known as the “valley of death.” When research begins, it’s funded by government grants and nonprofits. But drug research and development is very time-intensive. It typically takes around 10 years to bring a drug to market — and nine out of 10 drugs fail before that point. So the money dries up. And venture capitalists are often reluctant to sink money into such a high-risk sector. This…