So far in 2022, traditional IPOs have raised a total of $5.1 billion, compared to $33 billion usually at this time of year, according to data from Dealogic going back to 1995. By this point in 2021, IPOs had raised more than $100 billion, including a variety of healthcare companies.
The reasons for the slowdown include high inflation, rising interest rates and the Russian invasion of Ukraine, the newspaper reported. The last time IPO amounts were this low was in 2009, after the financial crisis.
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