San Francisco during the second week of January is neither the time nor place to score deals on meeting space. Nevertheless, each year a host of smaller biotech companies brave the soaring conference room rates at the downtown hotels to host their own mini investor presentations. “It’s definitely still a premium,” reported Myesha Lacy, chief investor relations and communications officer for Bay Area biotech firm Arcellx, of event space pricing. “But [for] the convenience of it, versus us traveling to the East Coast and doing a three-day road show, it’s definitely worth it.” Arcellx, for one, is holding court at the Grand Hyatt, located directly across Union Square f
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