PitchBook Data, Inc. Nizar Tarhuni Executive Vice President of Research and Market Intelligence Paul Condra Global Head of Private Markets Research James Ulan Director of Emerging Technology Research Institutional Research Group Kazi Helal, Ph.D. Senior Analyst, Biotech kazi.helal@pitchbook.com pbinstitutionalresearch@pitchbook.com Publishing Designed by Josie Doan Published on March 13, 2025 Contents | Key takeaways | 1 | | --- | --- | | Techbio investor highlights | 2 | | High-growth investment frontiers ...