Telehealth companies drive $13B in Q3 healthcare IPO activity

Telehealth has actually played a considerable role in going public activity among health care business in 2020, totaling almost $30 billion in offers, according to a current S&P Global Market Intelligence analysis..

Jackie Drees –
Friday, October 23rd, 2020
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4 report insights:.

1. Health care IPO activity passed the $10 billion mark per quarter for the 2nd time in a row this year after companies generated $13.44 billion in financial investments throughout the 3rd quarter of 2020..

2. Telehealth companies Amwell and GoodRx controlled third-quarter IPO activity, raising about $853.3 million and $944.3 million, respectively..

3. In 2020, health care business have raised about $29.45 billion from IPO activity, the most in the previous five years..

4. The third quarter IPO deals were also the most for any single quarter of 2020..

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