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SVB’s Milo Bissin Predicts ‘Reckoning In 2024’ For Health Care Companies With Sky-High Valuations

 
• By Marion Webb

VC funding will remain challenging for many in the health care industry, Silicon Valley Bank’s market manager Milo Bissin told attendees at the recent DHIS West conference. Companies focusing on promising areas such as AI-powered technologies, women’s health and value-based care likely have the best chances to draw investors’ attention.

Milo Bissin, SVB
• Source: Medtech Insight

“The feeding frenzy that we all experienced in 2021 where investors had very little time to do any real diligence, those days are gone,” Milo Bissin, Silicon Valley Bank’s (SVB) market manager, Life Science and Healthcare, told attendees at the recent DHIS West conference.

The meeting brought together health care investors, policymakers, start-ups and health care leaders in San Diego.

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