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» Swiss biotech navigates the downturn as funding drops 60%
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Swiss biotech navigates the downturn as funding drops 60%
April 25, 2023
By
Cormac Sheridan
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Swiss biotech firms raised CHF1.3 billion (US$1.5 billion) in equity and debt financing in 2022, a fall of 60% from the previous year’s total of over CHF3.3 billion. But it’s still ahead of historic pre-pandemic levels of funding.
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