Healthcare unicorn exit activity including IPOs and mergers and acquisitions reached record levels in 2020, Fierce Healthcare reports. Those records are expected to bew broken this year.
Based on healthcare investment trends in 2021 to date, CB Insights is projecting that digital health exits are on pace to reach new heights in 2021. Exits could rise 60% quarter-over-quarter, with both IPOs and M&A deals rising to new highs (19 and 60, respectively), in the quarter, the firm said. That compares to 10 digital health IPOs in 2020 and 40 M&A deals, according to CB Insights data. Read more.