Wednesday, December 15, 2021

"Moderna, Amgen among biotech heavyweights pulling out of JPM conference over Covid concerns"

 Wut?

A snip from STAT, December 14:

Some of the biggest names in biotechnology, including Amgen, Moderna, and Sarepta Therapeutics, have pulled out of the upcoming J.P. Morgan Healthcare Conference in San Francisco due to safety and travel concerns related to the Covid-19 pandemic, according to people close to the companies. Additional biopharma companies are weighing whether to do the same.

J.P. Morgan, one of Wall Street’s largest investment banks and the organizer of what is the biggest conference on biotech’s calendar, has insisted that CEOs attend the January event in person, resisting calls to allow for virtual presentations. That has pushed some companies, wary of the close-quarters interactions the meeting is known for, to break with decades of tradition....

Ummm, doesn't Moderna make a vaccine for Covid-19?

And isn't Amgen among the most wired-in companies in biotech? 

You'd think that if anyone would know a guy who knows a guy who could hook him up with the good stuff it would be the CEO of Amgen