J.P. Morgan Was Back, But Not With A Roar

 
• By Jessica Merrill
  
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Biopharma executives and investors descended on San Francisco again, but the numbers seemed fewer, the weather was volatile and the outlook for the sector remained uncertain.  

J.P. Morgan returned amid a deluge of rain • Source: Shutterstock (Shutterstock)

The annual J.P. Morgan Healthcare Conference reunited biopharma investors, executives and stakeholders in San Francisco for the first time since 2020 and while attendees embraced the face-to-face interactions and the chance to be reunited with old colleagues and friends, wariness of COVID-19, heavy downpours and investor sentiment all seemed to weigh on optimism over the course of the meeting.

Regeneron Pharmaceuticals, Inc. CEO Len Schleifer summed up some of that sentiment when he took the stage in a...

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