At First Light Asset Management, we think it’s an exciting time to invest in health care.
With baby boomers experiencing or approaching peak years of health care expenditures and dynamic innovation creating new markets, the growth in health care spending should continue to meaningfully escalate. First Light was founded with the sole objective of identifying and investing in companies we believe will benefit from this environment. Companies with disruptive and innovative solutions that generally offer a sense of promise for better health care at better costs — companies we anticipate will lead us toward the dawn of a “new day” in health care.
Why Invest in Health Care?
Favorable Demographics Drive Increased Health Care Spending
Health Care Spending Projected to Grow Faster Than Economy
Lower Cyclicality of Spending Creates Defensive Characteristics
Low Correlation Leads to High Diversification Across Subsectors
Small-Caps Historically Attractive M&A Targets
Sizable Component of Growth-Oriented Stock Market Indices
Innovation is at the core of how we invest at First Light.
We seek out the most innovative health care companies — with often game-changing solutions that can save lives and dollars and change the way health care is practiced.
Innovation is the driving force propelling the health care industry forward. Take a look.
Some products featured in the video are still in the early development stage, while others recently have been brought to market. Some may be found in First Light’s portfolio. Others aren’t ready for primetime yet, but might be in the not-too-distant future. Some may never become commercially available.
This is where we come in. At First Light, we strive to determine which innovations are investable and the optimal time to invest.
Reducing Overall Cost of Care
Solutions Enabling Alternative Sites of Care
Personalized Medicine
Sector Dynamics Driving Increased M&A
Aging Population Increases Demand for Medicine
Increasing Breadth/Depth of Industry & Government-Funded R&D