Incubators and accelerators catalyze the launch of life science startups and have evolved from simple facilities to vibrant ecosystems offering research infrastructure, programs, and funding. Analysis of financing activities indicates the outperformance of incubator companies relative to accelerators in fundraising, mergers and acquisitions (M&As), and initial public offerings (IPOs), attributed to extended interactions with investors and peers.

中文翻译：

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从车库到生态系统：生命科学孵化器和加速器的共同进化

孵化器和加速器促进了生命科学初创企业的诞生，并已从简单的设施发展成为提供研究基础设施、项目和资金的充满活力的生态系统。对融资活动的分析表明，孵化器公司在融资、并购 (M&As) 和首次公开募股 (IPO) 方面的表现优于加速器，这归因于与投资者和同行的广泛互动。