Life Sciences, Tech IPOs Soared In 2013

By Chelsea Naso (April 24, 2014, 5:37 PM EDT) -- The number of life sciences and technology companies that successfully floated in the U.S. increased by 62 percent in 2013 compared to the year prior, highlighting investor confidence in those sectors, according to a report released Thursday.

Throughout the course of 2013, a total of 78 life science and technology companies held an initial public offering, compared to just 49 in 2012, according to a survey by California-based law firm Fenwick & West LLP. 

While the number of technology IPOs increased by just two, the number of IPOs for life sciences companies jumped from 14 to 41, the survey found. About...

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