Moderna, Amgen among biotech heavyweights pulling out of JPM event

Moderna, Amgen among biotech heavyweights pulling out of JPM event

Some of the most important names in biotechnology, together with Amgen, Moderna, and Sarepta Therapeutics, have pulled out of the upcoming J.P. Morgan Healthcare Convention in San Francisco on account of security and journey issues associated to the Covid-19 pandemic, based on folks near the businesses. Further biopharma corporations are weighing whether or not to do the identical.

J.P. Morgan, considered one of Wall Avenue’s largest funding banks and the organizer of what’s the largest convention on biotech’s calendar, has insisted that CEOs attend the January occasion in individual, resisting calls to permit for digital displays. That has pushed some corporations, cautious of the close-quarters interactions the assembly is thought for, to interrupt with many years of custom.

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