J.P. Morgan Commercial Banking has appointed Kathryn McDonough as Co-Head of Healthcare for the Middle Market Banking & Specialized Industries (MMBSI) business, leading coverage for Life Sciences companies.
McDonough will lead MMBSI’s national team of specialized Life Science bankers catering to early stage and fully commercialized pharmaceutical, medical device and diagnostic tools companies. She will work closely with Co-Head of Healthcare Lauren Ruane, who will continue to lead MMBSI's Healthcare Services efforts, supporting healthcare delivery platforms and healthcare technology businesses.
“The COVID-19 pandemic has shone a light on the Life Sciences industry and the vital solutions it can provide. Now is an exhilarating time for the sector amidst such scientific innovation, corporate sophistication and investor engagement,” said McDonough. “I’m delighted to help drive J.P. Morgan’s efforts forward, and to deliver the full breadth and depth of the firm’s capabilities to help our clients reach their financial and strategic goals.”
“J.P. Morgan has a long history of serving the healthcare industry, and our specialized industries model in Middle Market Banking is strategically designed to support clients with deep industry knowledge, customized financial solutions and tailored insights on the evolving landscape,” said Melissa Smith, Head of Specialized Industries for J.P. Morgan’s Middle Market Banking & Specialized Industries business. “Kathryn’s extensive experience and expertise in healthcare and life sciences will be a tremendous asset to our clients as they look to unleash their full growth potential.”
McDonough joins from J.P. Morgan’s Healthcare Corporate Client Banking & Specialized Industries group, where she covered healthcare companies throughout New England with a primary focus on life sciences. With more than 20 years of experience in investment banking, commercial banking and capital markets, McDonough started her career in investment banking at Morgan Stanley where she worked for 13 years in New York, London and Hong Kong. Prior to joining J.P. Morgan, McDonough spent 3 years in Leveraged Finance at Citizens Bank in Boston.
McDonough is a graduate of Boston College. She serves on several non-profit boards including the Council for Women of Boston College, and is also active with Choate Rosemary Hall and is a supporter of Boston’s Catholic School Foundation.