Pharma, BioPharma

#jpm16 Day 4 Buzz: Since when did tech have all the fun?

How did tech get so hot when the deals in biotech are so much bigger?

JP Morgan Healthcare 2016

It’s nearing closing time at JP Morgan 2016. And the conference – born of life science companies and their investors – is largely talking tech.

How did tech get so hot when the deals in biotech are so much bigger? Maybe it’s the mixed messages of a tighter fund-raising environment for biotech startups – or is it an era of new money and high valuations?

Also, you can credit (or blame) the beating biotech stocks took this week, the announcement by Andy Slavitt about Meaningful Use, other federal pronouncements and the digital health events that now orbit JPM.

But, judging from some of the headlines, this will be the year digital health really has to live up to the hype.

“People were willing up until August of last year to take a high-flier,” or volatile stock, said Dave Francis, an analyst at RBC Capital Markets, who spoke at Health 2.0’s WinterTech conference, which was running concurrently with JP Morgan. “I would argue that if Teladoc were trying to go public today … they would have a very difficult time achieving the valuation that they saw on July 1 of last year.”

presented by

JP Morgan is definitely the place to deliver that message.

Gender issues still an issue at JPM? You bet

The Bloomberg story kind of said it all: At Biotech Party, Gender Diversity Means Cocktail Waitresses.

But women at JP Morgan also said it themselves.

 

 

Enjoy the insight from my colleague at Dealbreaker: Financial Communications Firm Generates “Buzz” At JP Morgan Healthcare Conference With After Party Featuring Real Live Women

Headlines of note

Twitterverse  

Photo: Flickr user Wally Gobetz