U.S. Biotech IPOs
As the graph tracking biotech IPOs illustrates, the market peaked in 1983, 1986, 1992, 1996 and 2000. Note that each peak is higher than those that went before.

Sources: News coverage researched through Nexis; Jennifer Van Brunt (Recombinant Capital/Signals).
| Underlying Data | |
| Year | IPOs |
| 1980 | 2 |
| 1981 | 12 |
| 1982 | 5 |
| 1983 | 17 |
| 1984 | 3 |
| 1985 | 1 |
| 1986 | 22 |
| 1987 | 12 |
| 1988 | 3 |
| 1989 | 5 |
| 1990 | 6 |
| 1991 | 39 |
| 1992 | 45 |
| 1993 | 32 |
| 1994 | 25 |
| 1995 | 20 |
| 1996 | 50 |
| 1997 | 24 |
| 1998 | 21 |
| 1999 | 15 |
| 2000 | 68 |
| 2001 | 6 |
| 2002 | 6 |