What Does the Rise of SPACs Mean for Health Care?
In 2019, special purpose acquisition companies (SPACs) raised $13.6 billion. In 2020, they raised $83 billion. The boom in SPACs hasn’t been lost on the health care industry, which saw 50 health care-focused SPACs go public in 2020 alone. However, the rapid growth of SPACs has caught the attention of regulators and lawmakers, which means the boom may […]