Daniel Mahony
Dan launched the healthcare business at Polar Capital with his colleague Gareth Powell in 2007. They currently co-manage three global healthcare funds – the Healthcare Opportunities Fund, the Healthcare Blue Chip Fund and the Global Healthcare Growth and Income Trust plc – with approximately $1.4 billion in assets under management.
Dan’s current focus is on how technology will be a catalyst for the disintermediation and disaggregation of healthcare. We are at the beginning of a major innovation cycle that will foment the development of improved medical treatments (drugs and devices) and transform the way healthcare is managed and delivered to patients. Digital health applications and tools - not least the ability to collect, analyse and process huge amounts of data - look set to revolutionise the way a patient may be diagnosed, treated and monitored. A key part of this revolution will be a growth in mobile monitors that can be used in the home not only for the chronically ill but also for healthy individuals. This could lead to a fundamental change in expectations where people start to take responsibility for managing their own health and are happy to pay for these new devices out of their own pocket.
This major structural change in the healthcare industry creates new risks for existing players and opportunities for newcomers and could have long-term implications for investors in the sector.
All comments made are my personal views or opinions, not those of Polar Capital, and should not be relied upon to make any investment decisions