Corporate Finance

“Never Doubt that a Small Group of

Committed People Can Change the World.

Indeed, it is the Only Thing that Ever Has.”

 
The condition of the global capital markets is extremely volatile. Persistently erratic economic cycles, concerns over interest rates and commodity prices, vanishing credit, the state of “liquidity” on a worldwide basis is likely to remain rather fluid as the forces of the global economy continue to exercise their influence.

The global healthcare market, too, will continue to attract capital at historically high rates, influenced by demand and demographics associated with maturing populations and active public policy.  However, the manner in which the global healthcare industry will attract capital is dramatically different, and this will have an important effect on management teams and investors, alike.

“If you can’t state your position in eight words or less, you don’t have a position.”

 —  Seth Godin

Healthcare is the ultimate “Grass-Roots” industry.  Besides the industry’s social importance – curing disease and enhancing the quality of life – investors over time have been attracted to healthcare because it grows faster, it generates more jobs, achieves higher profitability, and creates more wealth than conventional industries.  Yet, while other industries command capital in increasing concentrations, the financing needs of healthcare companies are much more refined.

For both healthcare companies and their investors, it is increasingly important that capital is knowledgeable, connected, and committed.