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J.P. Morgan Notebook Day 4: US Generics Steady, UroGen, REGENXBIO, Dr. Reddy's In China, And Investor Sentiment Shifts

 
• By Emily Hayes, Mandy Jackson, Jessica Merrill, Mike Ward, and Anju Ghangurde

Daily round-up of news and notes from the 2019 J.P. Morgan Healthcare Conference in San Francisco: US generics see gains, researcher calls for more tech transfer, and biotech investor sentiment rises as big deals bring optimism – among other items from the last day of this year's JPM. 

San Francisco, California, United States - August 17, 2016: The Cable Car of San Francisco full of tourists in front of luxurious Westin St. Francis hotel, along the famous Powell Street. - Image

Generic drug manufacturers presenting at the J.P. Morgan Healthcare Conference were cautiously optimistic that US drug pricing pressure is resolving. US generic drug prices have been under pressure for several years, driven by buyer consolidation and increased generic drug approvals from the FDA. 

Teva Pharmaceutical Industries Ltd. CEO Kare Schultz referred to the trend as a "death spiral," while Mylan NV CEO Heather Bresch likened the situation to an earthquake.

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