Reflections From J.P. Morgan: Challenges As Always And Reasons For Optimism

Biopharma investors were underwhelmed by the deal-making news, but innovation, corporate tax reform and a relatively positive outlook on drug pricing left attendees at the J.P. Morgan Healthcare Conference with the sense that good things are in store for pharma in 2018.

The J.P Morgan Healthcare meeting wraps up Jan. 11 and as industry executives and investors depart San Francisco, the outlook for pharma appears bright in 2018, despite challenging fundamentals. The energy at the annual meeting, which drew more than 9,000 attendees, was more muted than prior years, perhaps highlighting the transition point pharma has reached.

Industry is trying to balance increasingly innovative science against long-standing drug development, regulatory, reimbursement and management models. Navigating those two...

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