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J.P. Morgan 2019: Biopharma Sentiment Soars As Deal And Financing Optimism Abounds

 
• By Mandy Jackson

Biopharma investor sentiment plunged at the end 2018, but soared as the J.P. Morgan Healthcare Conference kicked off with another big company acquisition and as industry participants indicated their optimism about financing and deal-making opportunities in 2019.

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Despite stock values ending the year down as investor sentiment turned negative in the last few months of 2018, biopharmaceutical investors and executives at the J.P. Morgan Healthcare Conference Jan. 7-10 in San Francisco were optimistic about financing and deal-making prospects in 2019.

A record or near-record level of venture capital investment and a healthy number of initial public offerings are expected this year, but many companies already are well funded given the past few years' financing boom and should be in relatively good shape if the Nasdaq Biotechnology Index (NBI) plunges again after J.P. Morgan

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