Pharma, BioPharma

#jpm16 Day 2 Buzz: But it’s supposed to be the most wonderful time of the year!?

EVERYONE SAID THE FUN WOULD NEVER END!!!!

biotech stocks #JPM16

Well, that’s depressing.

I’ve seen multiple references online to “bloodbath.” The 190-member Nasdaq Biotechnology Index fell 3.4 percent on Day 1 of JP Morgan, the worst opening day of trading during the conference since 2001. Everything from tiny biotechs to large drugmakers were down.

A total aside, but was a Bloomberg anchor really unaware there is a such a thing as gene editing (1:50 in the video above)?

Just to drive home the point.

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    And, of course, don’t forget all of MedCity News’ coverage on the conference. Twitterverse

Photo: Flickr user Allan Donque