Venture Debt in Biotech & Pharma: A 2025 Comprehensive Analysis
Venture Debt in Biotech & Pharma: A 2025 Deep Dive
Introduction: The Rise of Biotech Venture Debt
Venture debt has emerged as a critical financing tool for biotech and pharmaceutical startups, providing non-dilutive capital to extend runway and reach key R&D milestones. Unlike traditional bank loans, venture