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Home » Authors » Amanda Lanier

Articles by Amanda Lanier

FDA approved metal stamp
Biopharma regulatory actions and approvals March 2024

US FDA makes history with 30 drugs approved in March

April 19, 2024
By Amanda Lanier
In March, the U.S. FDA approved 30 new drugs, marking the highest monthly count in BioWorld’s records. The previous highest month of June 2020, with 29 FDA approvals, is followed by November 2017’s 27 approvals. In 2023, the FDA greenlit an average of about 16 drugs per month, 12.5 in 2022, and 17 in both 2021 and 2020. The surge in March marks a 173% increase from the 11 drugs approved in February.
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Hand holding dollar sign on yellow background
Biopharma financings 1Q24

Biopharma financings hit $47B in Q1, marking second-highest quarter

April 18, 2024
By Amanda Lanier
Biopharma firms amassed a total of $47.07 billion in the first quarter of 2024, the second-highest quarter recorded by BioWorld since 2011, trailing only behind $48.18 billion raised in 2Q20. This robust fundraising was driven by exceptional performances in IPOs, follow-ons and public/other financings, as well as sustained trends in venture capital raises. The amount marks a 118% increase from $21.62 billion raised in the fourth quarter of 2023 and a 257% rise from 1Q23’s $13.19 billion.
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Biopharma deals March 2024

March biopharma deals edge up to $8B, M&As jump to $22B

April 16, 2024
By Amanda Lanier
In March, biopharma deals reached $8.29 billion, slightly higher than February’s $7.76 billion. Meanwhile, biopharma M&As amounted to $22 billion for the month. In terms of volume, March saw 104 biopharma deals, up from the 100 recorded in February, yet lower than January’s 158 and the 2023 monthly average of 115 deals.
Read More
Financial line graph

Med-tech deals, M&As in March fall short of 2023 averages

April 15, 2024
By Amanda Lanier
In March, med-tech deal value plummeted to $27 million, a decline of 89% from February’s $255.61 million and a 75% decline from January's $107.75 million, and also falling short of the 2023 monthly average of $886.13 million.
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Gold wireframe handshake
Biopharma deals March 2024

March biopharma deals edge up to $8B, M&As jump to $22B

April 12, 2024
By Amanda Lanier
In March, biopharma deals reached $8.29 billion, slightly higher than February’s $7.76 billion. Meanwhile, biopharma M&As amounted to $22 billion for the month. In terms of volume, March saw 104 biopharma deals, up from the 100 recorded in February, yet lower than January’s 158 and the 2023 monthly average of 115 deals.
Read More
Dollar sign in piggy bank
Biopharma financings March 2024

Galderma IPO marks highest as March financings total $13.8B

April 9, 2024
By Amanda Lanier
The biopharma sector secured $13.84 billion in financings in March, marking a 38% decline from February’s $22.3 billion, yet a 27% increase from January’s $10.9 billion. In 2023, biopharma financings averaged $5.91 billion per month. March brought two biopharma IPOs, totaling $2.65 billion, driven by Galderma Group AG’s inaugural offering of more than $2 billion.
Read More
Financial line graph
Med-tech financings March 2024

Med-tech financings continue to outpace last year

April 9, 2024
By Amanda Lanier
Top of FormMed-tech financings in March totaled $1.79 billion. Although a decline from February’s total, the cumulative value for the first three months of the year reached $6.02 billion, an increase from $4.69 billion during the same period the previous year.
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Health professional pointing stethoscope at Clinical Trial words, icons
Biopharma clinical updates February 2024

Clinical trial updates in 2024 fall below last year’s averages

March 28, 2024
By Amanda Lanier
In February 2024, BioWorld covered 236 updates on phase I-III clinical trials, showing a 6.35% decline from January 2024’s 252 updates. This figure is also lower than February 2023’s count of 258 updates. Throughout 2023, the monthly average of phase I-III updates was 305, with 2024 having an average of 244 in the first two months of the year.
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FDA Approved seal
Biopharma regulatory actions and approvals February 2024

11 US approvals in February include biosimilar, treatments for frostbite, HIV

March 26, 2024
By Amanda Lanier
In February, the U.S. FDA greenlit 11 new drugs, a slight decrease from the 14 approvals seen in the same month the previous year but an increase from January’s tally of eight FDA approvals.
Read More
FDA Approved seal
Biopharma regulatory actions and approvals February 2024

11 US approvals in February include biosimilar, treatments for frostbite, HIV

March 22, 2024
By Amanda Lanier
In February, the U.S. FDA greenlit 11 new drugs, a slight decrease from the 14 approvals seen in the same month the previous year but an increase from January’s tally of eight FDA approvals.
Read More
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