STAT+: Bubble bursts: 2021 health tech IPOs and SPACs lose value, burn cash
STAT
SEPTEMBER 27, 2023
Accelerated by the pandemic’s forced adoption of telehealth and other digital health solutions, 2021 saw more than 30 health technology startups go public, raising hundreds of millions and in some cases billions of dollars. Today, three members of the class of 2021 have gone bankrupt.
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