Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Jeito holds $1.2B close for biopharma fund as industry braces for next patent cliff [Yahoo! Finance]

JOHNSON MATTHEY S/ADR (JMPLY) 
NASDAQ:AMEX Investor Relations: matthey.com/investor
Company Research Source: Yahoo! Finance
Pharma's $180 billion patent cliff will create more attractive opportunities in the space. Jeito II beat its target and is almost double the size of its predecessor, which closed on $630 million in 2021. Fund II also has a higher average ticket size of €150 million (about $175.7 million) and is aiming to back 15 to 20 companies. Sign up for The Europe Pitch Get our daily digest of private capital markets in the EMEA region. Subscribe The fund invests in clinical-stage biopharma companies that develop therapies for severe diseases with high unmet medical needs. It invests primarily in Europe and has already deployed in therapeutic areas including obesity, reproductive medicine, oncology, autoimmune and inflammatory diseases, neurology and cardio-metabolic diseases. With the new fund, Jeito Capital now manages €1.6 billion in assets. The biopharma industry is bracing for a period of strong M&A ahead of the next patent cliff by 2030, which puts $180 billion of pharma compan Show less Read more
Impact Snapshot
Event Time:
JMPLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
JMPLY alerts

from News Quantified
Opt-in for
JMPLY alerts

from News Quantified