Jacob Gottlieb, a top performing healthcare industry investor, is launching another venture to add to his long list of successes. Altium Capital launched by Gottlieb in June of 2018. Jacob Gottlieb, MD, CFA, PRMIA earned a BA in Economics from Brown University and an MD from New York University Medical School. Previous successes in healthcare-focused investing include founding Visium Asset Management, a healthcare-focused hedge fund, and Balyasny Asset Management, L.P. (BAM). Altium Capital’s initial focus will be investing in health-related growth companies. Their strategy is to grow quickly to build a large portfolio of holdings. Towards that goal, Altium has announced their first four investments.
Oramed Pharmaceuticals a Jerusalem based company that has pioneered an oral insulin capsule for diabetes patients. Currently awaiting FDA approval in the US, the companies products stand to simplify insulin dosing to millions of people worldwide.
Sellas Life Sciences, an already established firm in the healthcare sector. Sellas has unique technology in the treatment of cancer patients. Their primary focus is on developing immunotherapies for a wide range of cancers. Initial studies, as well as phase 2 and phase 3, show promising results. Hopes are the company is on a fast track for FDA approval.
Amarin, an Ireland based pharmaceutical company, is another early buy for Altium. Amarin focuses on the development of drugs for the treatment of cardiovascular health with a novel approach by marketing a prescription-grade omega-3 fatty acid called Vascepa. The medicine is already approved by the FDA.
Oragenics Ltd, which does business as a subsidiary of Abbott Labs. The Israel based firm specializes in diagnostic products that deliver safe, fast, and accurate results without a lab. Their current offerings include tests for over 25 types of disease. Oragenics also develops proprietary and novel antibiotics that combat an array of infectious diseases, especially those of the oral cavity.
Gottlieb, a native New Yorker, also manages to find time to invest in his city via charitable activities. He has donated both time and money to many education-based non-profits.
Find out more about Jacob: https://www.cnbc.com/jacob-gottlieb–cnbc/