Like every year, 2024 kicked off with a bang for the biotech industry, as thousands gathered at the J.P. Morgan Health Conference (JPM) that took place in San Francisco, last week. One of the largest healthcare conventions in the world, JPM recaps the glories as well as the gloom of the past year, and sets the stage for what’s to come.
Here are some of the key takeaways from the JPM conference that lay the groundwork for what we can expect in 2024.
On the fundraising front, 2024 might be more promising compared to 2023.
“The discussion during 2023 was VCs were holding back on new investments keeping their ‘powder dry’ for existing portfolio companies, in case additional funding was needed,” said Jeremy Skillington, CEO of Poolbeg Pharma.
Poolbeg Pharma plc (LON:POLB) is a clinical stage infectious disease pharmaceutical company, with a novel capital light clinical model which enables us to develop multiple products faster and more cost effectively than the traditional biotech model.
