PowerPoint Pres

2023 U.S. Funding by Market

2023 Funding

Share of U.S. Funding (rhs)

$8

40%

$7

35%

$6

30%

$5

25%

$4

20%

$3 $Billions

15%

$2

10%

$1

5%

$0

0%

Source: PitchBook Data, Inc.; *Data has not been reviewed by PitchBook analysts

11 / CUSHMAN & WAKEFIELD

LIFE SCIENCES JANUARY 2024