March 2025 Life Sciences Update

08

What Makes an Emerging Market?

CONTENTS

Public and Private Fund Attraction

• The influx of public funding through grants, tax incentives and development projects in emerging markets drives infrastructure expansion and fosters a flourishing life sciences ecosystem. This funding also plays a valuable role in propelling early-stage projects that may be too risky for private investors. sciences companies. By funding R&D efforts, covering clinical trial costs and developing the necessary infrastructure to commercialize drugs, private funding plays a vital role in the evolution of early-stage research to a market-ready product. This investment is especially pivotal for startups and smaller firms, which are often prevalent in emerging markets and lack the financial resources of larger companies. emerging markets by facilitating an attractive life sciences ecosystem, supporting startups and advancing research initiatives from initial development to commercialization. • Public and private funding fuels growth in • Private investment is also critical for life

Total Funded Amount (Top 10 Deals, 2024)

Austin

$343.8

Indianapolis

$302.4

Houston

$234.2

Phoenix

$127.0

Dallas/Ft. Worth

$115.8

Salt Lake City

$75.2

Atlanta

$32.7

$0

$50

$100

$150

$200

$250

$300

$350

$400

Millions (USD)

Source: Pitchbook

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Cushman & Wakefield