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J.P. Morgan’s Commercial Bank Expands Life Sciences Team To Serve Fast-Growing Industry Team Adds Experienced Bankers And Expands To Key U.S. Markets

7/27/2017 11:11:44 AM

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NEW YORK – J.P. Morgan has rapidly expanded its Life Sciences team within its Commercial Banking business to help companies meet their unique risks, opportunities and challenges. In just one year, the team has recruited key talent and created a national presence, with staff in key Life Sciences markets across the U.S., including:

• Boston
• Houston
• Iselin
• Minneapolis
• New York City
• Palo Alto
• Philadelphia
• Raleigh-Durham
• San Diego

Peter Meath joined J.P. Morgan’s Commercial Bank last year to create the Life Sciences group to serve companies at every stage of growth across the biopharmaceuticals and medical technology industries, including biotechnology, pharmaceuticals, medical devices and diagnostics.

The group continues to build its geographic presence across the U.S., most recently growing its West Coast team with the hiring of Linda Le Beau, industry executive overseeing the western region from Palo Alto. Linda previously was a managing director at East West Bank. Joining Linda are recent hires Brett Shealy, vice president in Palo Alto, and Kevin Filer, vice president in San Diego, who joined from Wells Fargo and Bank of America, respectively.

“We are like a specialty life sciences bank within a bank with the strength of J.P. Morgan behind us,” said Meath, managing director and industry manager for Life Sciences within the Commercial Bank. “Our clients will benefit from our deep industry expertise, global resources and access to the firm’s full range of products and capabilities, from Commercial Banking to Investment Banking to Asset Management. We are here to help them succeed, from their early stage business strategies and beyond.”

Prior to joining J.P. Morgan, Meath co-founded Square 1 Bank and headed the Southeast and Mid-Atlantic regions.

“This is an exciting time to serve companies benefiting from the changing demographics and health-care legislation in the U.S.,” said Scott Geller, head of the Specialized Industries practice for middle market banking at J.P. Morgan. “We can make banking easier for complex and rapidly changing industries in the innovation economy.”

J.P. Morgan’s middle marketing banking business recently reached a key milestone of having a local presence in all top 50 Metropolitan Statistical Areas (MSAs) in the U.S. The group provides businesses with comprehensive financial solutions across 16 specialized industries including life sciences, technology and healthcare. It works closely with the Corporate and Investment Bank’s Healthcare practice to deliver advisory solutions, products and capital markets expertise to clients.

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