Pharmaceutical Executive Daily: 2026 J.P. Morgan Healthcare Conference Coverage

Welcome to Pharmaceutical Executive Daily, your quick briefing on the top news shaping the pharmaceutical and life sciences industry.

In today’s Pharmaceutical Executive Daily we will focus on the 44^th Annual J.P. Morgan Healthcare Conference, with Biogen outlining how a more focused company is emerging following years of transformation, Merck detailing its strategy to de-risk long-term funding and pipeline investment, and Eli Lilly reinforcing its confidence in sustaining GLP-1-driven growth.

At the JPMorgan Healthcare Conference, Biogen leadership described how the company is emerging as a more streamlined organization following portfolio reshaping and cost discipline. Executives emphasized a renewed focus on core neuroscience assets and selective growth opportunities as Biogen works to stabilize performance and rebuild investor confidence.

Merck used its JPMorgan presentation to highlight efforts to de-risk future funding while maintaining pipeline momentum. The company pointed to a balanced capital allocation strategy, strong cash generation, and targeted business development as key levers to support long-term growth amid increasing R&D costs.

Eli Lilly reaffirmed its confidence in the durability of its GLP-1 franchise, citing strong demand, expanding indications, and continued investment in manufacturing capacity. Executives stressed that GLP-1 success is enabling broader pipeline reinvestment across cardiometabolic disease and beyond.

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