In response to a 2016 incident at the J.P. Morgan Healthcare Conference—where a party sponsored by LifeSci Advisors, featuring scantily clad women, sparked public outcry and accusations of objectification—founding partner Michael Rice engaged with critics and spearheaded new initiatives. The company has since launched a Board Placement Initiative that connects qualified female executives to board roles, placing five women on boards and signaling a commitment to rectifying gender imbalances in the life sciences industry.

Facing backlash for recruiting escorts at its J.P. Morgan after party – an event criticized for objectifying women – LifeSci Advisors' founders issued an apology following protests from industry leaders. In response, the firm announced plans to launch concrete initiatives aimed at addressing systemic gender disparities and promoting greater diversity in leadership within the life sciences sector.

LifeSci Advisors issued a public apology following widespread criticism over a JPMorgan healthcare conference party that featured sexist practices, including the use of young female models as 'eye candy' for predominantly male guests.

LifeSci Advisors acknowledged a serious mistake after hosting an after‐party event at the 2016 JP Morgan Healthcare Conference, where they invited 70 promotional female models to boost investor attendance. In a follow-up letter, the founders apologized, admitted that the decision perpetuated harmful gender stereotypes, and outlined steps to improve gender diversity including hiring more women and establishing an advisory board to address inclusion concerns.