Delivering on Discovery Private Equity Investing in Biotechnology Delivering on Discovery examines the underlying fundamentals of the industry, the state of the market, the dynamics of private equity investing, and the composition of the different players. It analyses the appetite and concerns of institutional investors in biotech venture funds, looks at fundraising behaviour, and investigates how successful biotech companies have raised private equity. The report also strongly challenges the suggestion that a bubble has emerged in the venture sector and identifies the characteristics of the strongest performers going forward. Delivering on Discovery also includes a directory of 600 investors in biotechnology companies. Details include investment strategy, areas of specialisation, geographic focus, experience and funds under management. Edition: First Format: Report & Directory Pages: 188 ISBN: 1-904620-06-X Published: July 2002 Buy Report Online Presentation in Adobe PDF Format: WILL BE E-MAILED TO YOU. £100.00 (Click to Buy) UK customers: 17.5% VAT will be added to the above price. EU customers: 17.5% VAT will be added to the above price where a valid VAT number is not supplied by you. Non- EU customers: No VAT will be added to the above price NB: Orders can take up to 5 working days to be processed. Please note, orders can only be cancelled if the product has not yet shipped to you. After products have been dispatched, no refunds can be given. See below for full terms and conditions. Table of Contents SECTIONS Executive Summary Introduction to Biotechnology Drivers of the Biotechnology Industry The Structure of the Biotechnology Industry Regional Differences in the Biotechnology Industry Sources of Capital Private Equity Funds Raised Private Equity Invested in Biotechnology Private Equity Investors in Biotechnology Exits and Returns Characteristics The Private Equity and Venture Firm Perspective The Biotechnology Firm Perspective The Limited Partner Perspective FIGURES AltAssets Markets Dynamic Model: Biotechnology Timeline of Key Biotechnology Events New Biotech Drug and Vaccine FDA Approvals Number of Biotech Products in Phase III Trials, 1997-2001 The Average of OECD Countries' Life Expectancy Growth of Healthcare and Long-term Care Expenditure, as a Percentage of GDP Key Pharmaceutical Mergers, 1998-2000 Global Pharmaceutical R&D Expenditure, 1990-2000 Average Cost of Drug Development Typical Creation of a Commercial Biotech Firm) Number of Biotech Firms in the US US Biotech Company Revenues 1993-2001 The Leading Biotech Products Time Taken from Pharmaceutical Testing to New Drug Approval Examples of Leading Biotech Firms within Sub-sectors The Process of Bringing a Drug to Market Largest Pharma and Biotech Companies by Market Cap Global Breakdown of Biotech Companies Largest US and European Biotech Companies by Market Cap Europe's Technology Hotbeds Biotech Stock Indices vs Internet Amount Raised by Biotech Firms on US Public Markets Amount Raised by Biotech Firms via PIPEs US Venture Investment in Biotech, 1996-2001 Leading Corporate Venturers The Number of New Biotech-Pharma Alliances, 1993-2001 Value of New Biotech Alliances, 1997-Q3 2001 Biotech Funds in the Market by Fund Target Size Funds Closed in First Half 2002 Relative to Target US Biotech Venture Investment as a Share of Total VC Investment, 1995-2002 Number of Investments Into US Biotech and Average Deal Size Funds Invested in Biotech in Europe, 2000-2002 Number of Investments into European Biotech and Average Biotech Deal Size Types of Biotech Venture Players Geographical Breakdown of Biotech Venture Investors General and Specific Strategies of Biotech Private Equity Firms Number of Biotech IPOs in the US and Europe, 1996-2001 Value of Biotech IPOs in the US, 1996-2001 Announced Value of Biotech M&A Transactions, 1995-2001 Announced Number of Biotech M&A Transactions, 1995-2001 Return Characteristics of Biotech Venture Capital Funds VC Preferences vs. Biotech Firm Preferences Limited Partner Concerns about Investing in Biotechnology Report Ordering: Delivery, Terms & Conditions and FAQs.