In the context of biotechnology, how do private markets differ from public markets? Choose the most accurate statement: Group of answer choices Private markets involve more governmental regulation than public markets, making them less attractive for early-stage biotech firms. Private markets are characterized by less liquidity and limited access to capital compared to public markets, often preferred by established biotech companies. Public markets solely fund biotech research and development, while private markets focus on commercializing biotech products. Both private and public markets offer similar levels of transparency and regulatory oversight, making them equally accessible to biotech startups