The amount of venture capital raised in the US by biopharmaceutical companies fell 15.2% to $3.9bn in the first quarter of 2019, but it still was an impressive quarter, ranking as the second-largest first quarter ever for the industry with an average deal size that remained above $20m for the second year in a row.
The first quarter of this year had a lot to live up to after 136 biopharma firms raised $4.6bn in...






