STAT+: Triplet Therapeutics and three other startups got venture funding a year ago. Where are they now?
In a typical year, a biotech startup might hope to raise enough money to keep things running for 18 months or more. But in many ways, this year was far from typical.
Even in the middle of a pandemic, biotech companies have been able to raise a staggering amount of money for their operations. Some managed to squeeze in multiple financing rounds within 12 months; others decided to jump into uncommonly welcoming public markets.
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