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Global Uncertainty Is Impacting Deal-Making, Investment Decisions

Deloitte Economist Considers How Macroeconomic Issues Affect Biotech

 
• By Mandy Jackson

Deloitte chief global economist Ira Kalish said in a Biocom webinar that the war in Ukraine increased existing macroeconomic uncertainty, which is keeping businesses and investors from deploying capital.

Global economy, finance, forex, financial markets news background
The war in Ukraine has increased economic uncertainty globally • Source: Alamy

The biotechnology industry, and health care overall, is generally somewhat protected from broader economic concerns, but the war in Ukraine adds to an existing sense of uncertainty due to rising inflation, ongoing labor shortages and continued supply constraints that were already troubling investors who have moved money out of the industry, Deloitte chief global economist Ira Kalish said in a recent fireside chat hosted by Biocom California.

Biopharma Feels Ukraine War Impact

"A month ago, before the Russian invasion of Ukraine, I would have told you that the biggest issues facing us...

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