Global biotechs recorded yet another positive quarter, but the fundraising pace did slow down reflecting a comparatively quiet summer period. More than $4 billion was banked by public and private companies in the third quarter of 2013, a 29 percent drop from the almost $6 billion that was raised in the second quarter and 17 percent shy of the total generated in Q1 2013.

Biotech Companies Record Another Positive Quarter | BioWorld
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