J.P. Morgan Day 1: Pharma Execs Offer Big Talk Instead Of Big Deals

Daily notebook from the virtual J.P. Morgan Healthcare Conference: business development is top of mind for BMS, Merck, J&J and Pfizer, while Novartis, Moderna and Regeneron talk about next steps. Bayer looks to minimize Xarelto patent expiry, a new chief exec debuts for Alnylam and EY suggests 2022 will be another year of bolt-on deals. 

J.P. Morgan Daily Notebook 2022 Day 1
• Source: Alamy

Bristol Myers Squibb Company kicked off 2022 with a research collaboration and licensing agreement with Century Therapeutics, Inc. that is in line with the company’s stated business development strategy going forward, which is focused on smaller licensing and acquisition deals rather than large M&A transactions.

“We remain focused on sourcing innovation in our key therapeutic areas of strength,” Bristol CEO Giovanni Caforio said on 10...

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