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Biopharma could reap benefits from SVB UK acquisition

European Pharmaceutical Review

Following the collapse of Silicon Valley Bank (SVB), HSBC’s acquisition of Silicon Valley Bank (SVP) UK may offer new opportunities for biopharmaceutical companies, according to data and analytics firm, GlobalData. “The The post Biopharma could reap benefits from SVB UK acquisition appeared first on European Pharmaceutical Review.

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Which biotechs need to find a new bank after the collapse of Silicon Valley Bank?

Pharmaceutical Technology

Silicon Valley Bank (SVB), the 16th largest bank in the US, collapsed on Friday 10 March. News of the SVB crisis spread quickly from 8–10 March and into the weekend, and the US government finally announced on 12 March that commercial clients would be able to access all of their funds.

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A day in the life of a pharma exec: Lyndra’s Patricia Hurter

PharmaVoice

How the CEO starts each day with a ride on one of her horses, reduces daily meetings and uses her network to get through crises like the SVB Bank collapse.

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Navigating the Aftermath: What Lies Ahead for Biopharma Following the Collapse of SVB

Zymewire

Crisis Averted?

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Readmission on the Horizon: How EU funding can boost British biotech

Pharmaceutical Technology

The possibility of additional funding comes at a time replete with investor uncertainty as a result of ongoing financial instability in the market, which has been compounded by the collapse of Silicon Valley Bank (SVB) and Credit Suisse. billion ($103 billion) budget. billion ($18.2 billion) by 2030.

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HSBC acquires SVB UK in strategic move to expand presence in biotech sector

Pharmaceutical Technology

The recent collapse on March 10, 2023, of the then-parent company Silicon Valley Bank, was the second largest bank failure in US history. The multinational bank HSBC’s acquisition of Silicon Valley Bank UK was praised as the UK Government and Bank of England moved quickly to secure the deal over the weekend. in deposits. in deposits.

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CMO Moves: Regulatory catalysts for drug manufacturing – March 2023

Pharmaceutical Technology

The biotech industry is currently undergoing a wider financial upheaval after the collapse of Silicon Valley Bank (SVB) , which was favoured by many biotech companies. In such turbulent times, ensuring the most efficient and cost-effective manufacturing frameworks becomes even more important.