Healthtech Solutions Inc. (HLTT) Adopts New Portfolio Model with Varian Bio Acquisition

May 3, 2021 11:34:21
  • McKinsey & Company notes that portfolio model is growing in popularity amongst companies and investors
  • HLTT recently acquired precision oncology company Varian Biopharma
  • Report shows that more than $5.5 billion in capital has been raised in past six years by companies with biotech portfolio models
An emerging trend in biotechnology involves abandoning a single shot on goal approach in favor of a broader strategy with different portfolio companies under one umbrella. The old incubator approach with a new flare, the trend involves a portfolio manager utilizing a variety of skillsets to assemble a group of subsidiaries, each committed to a different specialty or drug program. It can be a de-risking methodology that simultaneously amplifies the upside of the parent company, and biotech players like Healthtech Solutions (OTC: HLTT) have pivoted to this model, primarily through its recent acquisition of Varian Biopharmaceuticals (https://ibn.fm/ZLSAj). With the buyout of Varian Biopharma, Healthtech expanded its portfolio to three distinct healthcare subsidiaries. MediScan, Inc. has developed disruptive technology that converts 2D images from a portable ultrasound machine into… Read More>> NOTE TO INVESTORS: The latest news and updates relating to HLTT are available in the company’s newsroom at https://ibn.fm/HLTT

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