The 44th Annual J.P. Morgan Healthcare Conference, held January 12-15, 2026, in San Francisco, revealed a pharmaceutical sector at an inflection point. With major blockbusters facing patent expirations, industry leaders such as Eli Lilly, Novo Nordisk, Bristol Myers Squibb, AbbVie, Bayer, Pfizer, Novartis, Roche, Merck, Gilead Sciences, GSK, AstraZeneca, and others demonstrated balanced strategies combining aggressive pipeline expansion, selective dealmaking, and the adoption of emerging technologies, particularly artificial intelligence.
The JPM 2026 conference generated approximately $8.3 billion in announced deals, with emphasis on oncology (particularly P...