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Biotech VCs ramp up checks on new bets after years of focusing on existing portfolios

Biotech venture capitalists are embracing risk again, signaling a reversal from the past few years.

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Biotech venture capitalists are embracing risk again, signaling a reversal from the past few years.

VCs are placing more bets on flashy new biotech opportunities in the first quarter of 2026. About 65% of investments by a group of the most active private biotech investors went into new portfolio companies, according to a quarterly report from bankers at William Blair.

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