Maybe controversial but almost every article I read about private equity in the healthcare or life science space is mostly about how private equity entered and things got worse for patients, providers, etc. I certainly understand the role of venture capital and angel investing in driving life science innovation but is PE ever a force for good in LS and healthcare more broadly? Any examples?

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In general, more money coming into the space isn't bad. And there are plenty of PE/VC firms that are happy to throw money in, maybe give a little advice, but mostly be hands-off and let a good company grow. However, the ones you hear about more are the ones that try to overly monetize whatever it is they've invested in, and as a result that makes things worse for the patients and providers as you've seen. Plus, a business that might have grown more solely, but organically, may feel the pressure to please their investor and end up being a little unscrupulous in how they do so.

But ultimately there are plenty of firms out there that are decent investors, and are able to capitalize on synergies in their portfolio of companies and provide good advice without becoming a leech on the healthcare system, they just tend to fly under the radar.

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Thanks for this input EM :) Any particular firms you know of that you’ve seen operate in the positive way?

Following because this is an insightful q

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You will see that a lot of biotech companies will shut down in the next few years. Some others will do layoffs. All because the funding is tight right now.

One of the reasons why the US has been leading in innovation is the VC funding. Abundant capital allocated to risky new investments.

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Nope

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Great question - reserved a seat for the comments

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