AVEGO’S STRATEGIES
A Multi-Stage Investment Approach Driven by Scientific and Operating Experience
We invest in private and public companies developing and commercializing innovative products and services for patients, practitioners, and other stakeholders across the healthcare continuum.
Avego Healthcare Capital provides growth capital to revenue-generating businesses and partners with entrepreneurs to build new companies.
Avego BioScience Capital focuses on mid-to-late stage venture financings for life sciences companies.
Velan Capital is actively investing in publicly traded companies in the healthcare sector with a focus on undervalued assets and high-quality management teams.
AVEGO’S VALUES
What Makes Avego Different
We are former healthcare entrepreneurs, operators, and finance professionals who seek to cultivate success wherever we invest. Our team’s collective experience informs our investment philosophy, which is defined by our Values.
- Operate with Integrity Often the right choices are the most difficult. We prioritize trust, transparency, and putting patients first.
- Align on Success We are investing our own capital. As a result, we are highly aligned with the company executives and other investors who partner with us.
- Persevere to Overcome Growing a business requires taking risks and making hard choices. We stand with and behind the management teams we back through thick times and thin.
- Lead with Science We take an evidence-based approach to evaluating the scientific and medical qualities of products and services.
- Focus on Growth We aim to invest in companies that are positioned for rapid growth, both organically and through corporate development.
As healthcare investors, we value our reputation and the reputations of the companies we invest in among medical professionals, regulators, commercial partners, and, most importantly, patients.
We believe that maintaining an ecosystem of integrity and compliance is paramount to succeeding in the healthcare field.
Our goal is to be a trusted partner with an uncompromising commitment to uphold our high standards for accountability.
We are strong believers in “skin-in-the-game.” In our experience, real financial alignment and commitment to success come hand-in-hand.
As investors, we like to approach business with a true owners’ mentality. As former healthcare executives, we frequently observed that meaningful investment by (and incentives for) management teams are correlated with superior results.
We constantly look for ways to maximize alignment as part of our investment process.
Having built several companies from the ground up as founders, operators, and investors, our team has learned the importance of grit and endurance first hand.
Healthcare companies face unique risks and challenges, and companies that are developing new and innovative products and services in particular must be prepared to react and execute in the face of uncertainty.
As investors, we believe a mentality of perseverance is critical to creating value and ultimately making an impact on the lives of patients.
Our investment process involves gaining a thorough understanding of the scientific basis for medical products, whether they are still in development or already on the market. In a highly competitive healthcare landscape, we believe high quality science and/or medical properties, in concert with traditional barriers to entry like intellectual property, afford the greatest, most durable advantages.
We utilize both internal and external scientific and medical experts during diligence and throughout the life of our investments. Our advisors, in particular, bring decades of experience in the field of drug development, ranging across pre-clinical, clinical, CMC, regulatory, intellectual property, and life cycle management.
As hands-on investors, we seek to leverage our capital, industry network, and operating backgrounds to help companies achieve larger scale and market leading positions. We do this by funding research and development, financing corporate development, and making investments in infrastructure. We work with management teams to identify and recruit top tier talent. We provide transactional support by sourcing acquisition targets and other business development opportunities, assisting with due diligence, and advising on negotiations and integrations.
As a result, we believe we can accelerate the growth profiles of the companies we invest in. In addition to creating value, growth often manifests from making new products and services available to customers.
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