Life Science IPOs up in 2004

New venture start-ups in the health care industry have been in the doldrums for the past couple of years. However, in an article from Private Capital Advisors shows that IPOs in Life Sciences is up significantly in 2004.
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Venture capital activity in health care deals has also increased. All of this has created much stronger valuation multiples in the industry.
“All four sub segments within the healthcare services industry experienced LTM EBITDA multiple expansion. The most significant increase in median multiples came from the long-term care segment, which increased 21 percent to 7.5x from 6.2x.”
This is good news for the health care industry, which seems to be regaining momentum in new business development.