Manatt’s Lisa Suennen, an incoming managing director with our Manatt Health team, was interviewed for a MedCity News article on the dynamic nature of the digital health market.
The publication reported on the highlights and shortcomings of the market, noting that digital health startups have been difficult to get off the ground, investment figures have been breaking records and the larger economy may be impacted by the market’s instability.
Suennen commented on market correction and the industry as a whole, stating, “I do think we’re going to see a major pullback in valuations. If investors can’t exit things profitably, they will not get more money to invest; end of story."
Read the article here.