Life sciences organizations are going public in 2021 with biotech companies leading the pack as the dominant sector within the industry for new market entrants. By midyear, biotech has made up roughly 70% of all life sciences initial public offerings and capital raised, according to Bloomberg analysis.
Chris Martin, technical accounting consulting lead for RSM’s life sciences practice, discusses what’s driving this IPO trend in this brief video with Informa Connect. In addition, Chris shares what life sciences companies should do to prepare for an IPO now. According to him, people, processes, systems and controls are all part of the successful IPO equation, but there’s more to address, too. Watch and learn.