JPM Healthcare Conference 2017: Companies signalled confidence in their fundamentals, however, political uncertainties and headline risks remain
We attended the 35th annual J.P. Morgan Healthcare Conference 2017 from January 9th to 12th in San Francisco.
With 467 companies participating (USD 4.3tn in market cap), over 10’000 attendees and over 12’000 organized 1 on 1 meetings, the conference normally sets the tone for the healthcare investment year. Company executives were confident regarding their fundamentals. While uncertainty around the ACA repeal and replacement remains high, the US corporate tax reform could lead to earnings accretion for the sector.