Skip to main content

Thank you for visiting nature.com. You are using a browser version with limited support for CSS. To obtain the best experience, we recommend you use a more up to date browser (or turn off compatibility mode in Internet Explorer). In the meantime, to ensure continued support, we are displaying the site without styles and JavaScript.

Precision financing

Private biotech financing in 2023 is more discriminate, disciplined and demanding. Strong data and efficiency are de rigueur.
  1. Melanie Senior

    1. London, UK.

    View author publications

    You can also search for this author in PubMed  Google Scholar

The 2020s have flung biotech from the heights of pandemic exuberance, when cash grew on trees and anyone with a lab coat could take a company public, to the belt-tightening lows of 2022, with layoffs, liquidations and falling valuations.

Access options

Rent or buy this article

Prices vary by article type

from$1.95

to$39.95

Learn more

Prices may be subject to local taxes which are calculated during checkout

Nature Biotechnology 41, 597-603 (2023)

doi: https://doi.org/10.1038/d41587-023-00001-z

Updates & Corrections

  • Update 27 April 2023: A statement in the main text that TargaGenix has shut down has been deleted as it is inaccurate. In addition, two rows were added to Table 1, the first for Orna Therapeutics in 2022 and the second for Chroma Medicine in 2023.

Nature Careers

Jobs

  • Faculty Positions at SUSTech School of Medicine

    SUSTech School of Medicine offers equal opportunities and welcome applicants from the world with all ethnic backgrounds.

    Shenzhen, Guangdong, China

    Southern University of Science and Technology, School of Medicine

  • Postdoctoral Fellowships Worldwide

    IBSA Foundation for scientific research offers 6 fellowships offers of € 32.000 to young researchers under 40 years.

    The call is open to people from research institutes and universities from all over the world.

    IBSA Foundation for scientific research

  • Staff Scientist - Immunology

    Staff Scientist- Immunology

    Houston, Texas (US)

    Baylor College of Medicine (BCM)

  • Institute for Systems Genetics, Tenure Track Faculty Positions

    The Institute for Systems Genetics at NYU Langone Health has tenure track faculty positions (assistant professor level) at the new SynBioMed Center.

    New York City, New York (US)

    NYU Langone Health

  • Faculty Position

    The Institute of Cellular and Organismic Biology (ICOB), Academia Sinica, Taiwan, is seeking candidates to fill multiple tenure-track faculty position

    Taipei (TW)

    Institute of Cellular and Organismic Biology, Academia Sinica

Nature Briefing

Sign up for the Nature Briefing newsletter — what matters in science, free to your inbox daily.

Get the most important science stories of the day, free in your inbox. Sign up for Nature Briefing

Search

Advanced search

Quick links