Decade-long theme in healthcare and tech mergers: Platinum
“There is convergence between consumer companies and the supply of pharmaceuticals in the US where companies such as Walmart and Target are trialling offering pharmacies in their stores to drive traffic. Amazon is also getting into the space as well.” Another area was robotic surgery and artificial learning, which was being pioneered by companies such as Johnson and Johnson. Its Ottava ‘robotic surgical system’ had six arms and was able to perform a range of abdominal and chest procedures, expected to enter human trials at the end of 2022. “An area where data is playing an important...
Source: moneymanagement.com.au