Jacob Gottlieb is a financial entrepreneur who has excelled in various positions. To add to his collection of works Jacob has decided to venture into the healthcare business. He has established Altium Capital, a company that creates investment opportunities in the healthcare –oriented companies. His primary focus is to promote the growth and development to the enterprises that offer health and medical advances to their clients. Altium Capital is located out of New York City and recently invested in various health facilities including Oramed Pharmaceuticals (ORMP), Oragenics, and Amarin Corporation (AMRN).
Usually, diabetes patients would receive injections as a form of treatment, a method which is not preferred by many for this reason, Oramed Pharmaceuticals decided to introduce the oral medication method. Altium Capital invested a 5.61% stake in Oramed in helping them achieve the innovation of oral medication project for the diabetic people. The Oramed project led to the production of tested oral insulin capsule (ORMD-0801), analog capsule (ORMD-0901) as well as Glucagon-like peptide-1 (GLP-1).
Jacob`s Altium Capital also invested in Amarin pharmaceutical company. Amarin is a rapidly growing company with headquarters located in Dublin. Amarin`s primary focus is to develop cardiovascular drugs through a combination of the potential therapeutic benefits of polyunsaturated fatty acids and lipid expertise science. Amarin pharmaceutical has accomplished its goal by producing Vascepa (AMR-101) drug which was approved by FDA in 2012.
Altium capital invested in Oragenics Company to promote their vision of establishing replacement therapy that involves replacing harmful bacteria with beneficial bacteria. The replacement therapy aims at enhancing health and therapeutic conditions.
Altium capital contributions to the health sector have been beneficial to pharmaceutical companies as they can achieve their goals. Altium capital also benefits as the profit from the companies which they have invested in is shared as per the percentage stake.
Find out more about Jacob Altium: https://ideamensch.com/jacob-gottlieb/