The following excerpt was taken from Yale Alumni—continue reading here.
NEW YORK — Over 60 people recently gathered in New York City for a panel program spearheaded by YaleFin, an alumni shared interest group for those working in banking, finance, and the markets. The event focused on venture capital investing in healthcare innovation, while also addressing broader trends impacting the global healthcare sector.
Marc Appel ’08, a panel speaker and Managing Partner of Pacific Bridge NY, noted the impressive scale and pace at which the healthcare industry is evolving. “The pace of change is accelerating across all of healthcare,” he said. “Some of the drivers, like AI, are common across them all, and some of the drivers are unique to each subindustry.”
Appel also discussed the growing influence of international ecosystems in healthcare innovation, highlighting the rapid rise of the Chinese biotech sector and the opportunities created by cross-border collaboration. “The pace of innovation and level of competition is increasing enormously through the rise of the Chinese ecosystem,” he said.
The panel brought together leaders from across healthcare, finance, and technology to discuss global competition, artificial intelligence, and emerging models for collaboration in advancing healthcare innovation.