What are the sub-sectors within the healthcare space?

Healthcare is a very broad sector comprised by four major sub-sectors: Pharmaceuticals, Biotechnology, Healthcare Providers & Services, as well as Medical Devices & Supplies. Among all, pharmaceuticals are likely the most familiar in our daily life. Biotechnology focuses on the creation of bio-related products for use in such areas as rare diseases, oncology and other related drugs and potential vaccines. Healthcare Providers & Services is a broad subsector that includes health insurance providers, hospitals and facilities, as well as telemedicine companies. The final subsector, Medical Devices & Supplies, is an area of innovation, with latest examples as non-invasive surgery techniques and, even, robot assisted surgeries.

What are the long-term opportunities that are most promising in the healthcare space?

As long-term investor, we are most interested in areas with outstanding potential of technological advancement, which could fulfil previously unmet demand through new products or solutions. So far, we have identified four major promising areas. One of them is implant technologies. The attractiveness lies in their huge potential markets and the ability to replace the older standards of care. The second one is immuno-oncology companies, which are focused on enabling our immune system to target and fight cancer cells. These companies attempt to address many unmet medical needs in conjunction with strong research as well as development and innovation. The third long-term trend we identified is minimally invasive technologies, the use of which will significantly reduce the risk of surgeries and speed up recovery. Last but not least, antibody conjugate technology is worthy of attention. This is the next generation of chemotherapy drugs with the ability to target cancer cells while not affecting healthy cells.