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BIO 2022 Notebook: Deal Values In The Eyes Of The Beholders

 
• By Scrip Team and Pink Sheet Team

News and views from day three of the BIO annual meeting include business development insights, such as Sanofi's global head of BD Alban De La Sabliere's promise that big pharma has no hidden agenda and an AbbVie BD exec's observations that lower company valuations have not led to lower asking prices. Also, BIO chairman and Nkarta CEO Paul Hastings' optimism that biotech will rebound and Venus Williams' Sjogren's disease story draws a crowd.

BIO 2022 Notebook Day 3
• Source: Shutterstock

As 2022 proves to be a year of missed predictions and uncertainty, we are using this year's BIO notebook to provide additional context by reviewing different industry metrics to provide more perspective to the comments coming from the meeting. 

Big pharma and specialty pharmaceutical companies have made it clear that they are hunting for new technologies and drug candidates to expand their R&D pipelines in anticipation of upcoming patent...

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