Manatt Digital and Technology group and venture capital / emerging companies practice leader Lisa Suennen spoke with STAT about her predictions for the medicine and science sectors in 2020. In particular, she expects the digital health space to begin consolidating in earnest, saying, “I think investment dollars may stay the same because a lot of money has been raised, but we will continue to see concentration on fewer companies, particularly those that have actually proven their financial value proposition to clients — the burden of proof is becoming much more onerous, and that is entirely appropriate for a market that ran up a lot on hype or hope, depending on how you look at it.”
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