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In the world of biotech and pharma, the JP Morgan Healthcare Conference serves as an unofficial annual kick-off event. Industry leaders, investors, analysts, and investment bankers overrun Union Square in San Francisco as they attempt to garner a few precious minutes of face-to-face time to pitch their business, meet potential and current investors, and discuss strategic partnerships.
Most people who come when the event underway never actually attend or are invited to the main conference, but a bevy of satellite conferences before and during the conference provide additional opportunities for biotech leaders to pitch their companies. Others simply show up and hustle from hotel room to hotel lobby to coffee shop piecing together a productive schedule. Investment bankers use the event to gauge investor sentiment to see if more financing rounds, IPOs, or M&A deals can be achieved.
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Source Fool.com
