All about biotechs.
once commodities have run their course... biotechs will return as the dominant growth theme...
Do I have to explain it? Baby Boomers Duh!
The Bio-Med/Tech sector has been a long suffering sector since the dot com crash. Over the last decade this theme has languished while commodities have been taken over as the dominant growth theme. Bio-Med/Tech’s had entrenched themselves in the 1990’s as the pre-eminent growth story along with tech and after 10 years of consolidation as a sector, the growth story is back on. Recently the investment environment has turned extremely favorable with $100M to $1B buyouts in the sector with the flavor being spiced heavily towards the fast growing natural health product industry. An aging demographic of baby boomers who are now well into their 60’s are flocking to natural health medicine to keep them looking and feeling healthier in hopes of enjoying the highest quality of life in their retirement. |
