said repeatedly he would prefer the debt limit raised well before the government faces a potential defa>> dow component pfizer will fault research into alzheimer's parkinson's treatments saying they are reallocating into other areas. they faced setbacks recently. there is no known cure for either alzheimer or parkinson's. bio tech company axovent will no longer produce a dementia drug. sales fell with axovent seeing its value more than halved. >> that was just one of the very hot topics discussed at the biggest health ca event of the year. meg terrell spoke to a number of ceos at the jpmorgan con >> reporter: rainy weather kicked off the jpmorgan conference in san francisco. it's the biggest event for health care 450 companies present to 9,000 attendees. this year we got a deal from celgene to impact impact biomedicine gaining a drug for a rare form of bone marrow cancer. we spoke to the ceo. >> it is a hematology play. second, it is a highly unmet medical need. this is a rare cancer but until now there's been only one fda approved drug ever for the disease. following the deal biotech s

david, defas is an integral part of several of the accounting systems. you talk about it per se but also the conflict between the services they provided to the army, navy, marine corps on a stand alone basis if they were audited separately, that service provided would be really disruptive and inefficient. can you talk to the committee how they're looking at solving that issue with respect to defas? >> sure. we have a place where one is extending into the other. if you think of the army, navy and air force have financial management processes that extend into the defense finance and accounting service. so the way that we address that is we have the acronym that's an audit of that organization support to the others that external auditors can rely on. otherwise we would be paying tr the three or four auditors to show up. rather than each coming in, we'll do a similar thing over ammunition storage where it's in several different places and they will come to ammunition storage and say you can all rely on this audit piece so you don't have duplication of work.