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Bill Taranto

👤 Speaker
527 total appearances

Appearances Over Time

Podcast Appearances

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

We hope to as well.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

But I think the consolidation play and building scale is going to be the other probably big sort of storyline for next year.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

And that's for us very exciting because we like to do that as an investor.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

That's a great question.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

You know, ultimately, you know,

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

Ultimately, these firms want to either go to the public market area and launch them that way or sell them as a larger entity to someone else that's building, you know, larger scale.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

We've partnered with all those ones you've named and we're in those right now.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

You know, we're certainly, we're still an investor in Dataman.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

We're still an investor in Trinetics.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

You know, two interesting sort of assets that continue to acquire assets, but at some point we'll have to exit

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

um so they will come to market at some point and again either through a private so you know

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

what we're starting to see now, which is sort of fascinating, the larger, like the Blackstones of the world that sit on billions and billions and billions of cap are entering the healthcare market.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

And they buy those kind of, you know, larger built PE assets as well.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

So that's, I think, good for the industry.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

So I do think there's going to be momentum around that as well.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

You know, but ultimately they will have to exit over time.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

That's what the, you know, there are investors that

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

you know, want to see a return.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

But I think they're doing the smart thing.

Vanguards of Health Care by Bloomberg Intelligence
Merck’s GHI Fund and the Push to Rewire Pharma's Future

Assets are pretty well priced right now that you can buy.