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Where are the trillion dollar biotech companies?
marginalrevolution.com/marginalrevolution/2025/09/where-are-the-trillion-dollar-biotech-companies.htmlIn today’s market, even companies with multiple approved drugs can trade below their cash balances. Given this, it is truly perplexing to see AI-biotechs raise mega-rounds at the preclinical stage – Xaira with a billion-dollar seed, Isomorphic with $600M, EvolutionaryScale with $142M, and…
This story appeared on marginalrevolution.com, 2025-09-03 07:03:38.