Lily Shaw, one of the investors at the Ontario public pension fund’s venture-capital arm, said she is seeing early signs of consolidation in health-care businesses. (The Logic)
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Lily Shaw, one of the investors at the Ontario public pension fund’s venture-capital arm, said she is seeing early signs of consolidation in health-care businesses. (The Logic)
Talking point: The healthtech business has boomed during the pandemic. Capital invested into the sector grew from just over US$42 billion in 2019 to over US$112 billion so far this year, according to PitchBook. Mergers and acquisitions as a share of these investments have skyrocketed almost tenfold from US$5.7 billion to US$53.7 billion in the same period. There are already signs that there will be a “ton of acquisition” in the healthtech sector, said Shaw.
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