Foresite Capital the Titan in Healthcare Financing

Mindstrong Health specializes in developing software and devices to assist doctors in treating illnesses such as mental disorders. Currently, the company is developing an Al-powered platform to help in the treatment of neuropsychiatric diseases as it measures the patterns of the brain function using a smartphone. The Al-powered platform requires a large capital investment to make it successful. Currently, the company has received $ 14 million in Series-A funding from hedge funds and venture capital firms such as Foresite Capital, ARCH Venture Partners, and Optum Ventures.

Mindstrong’s platform uses the patients’ speed of typing and scrolling on their smartphone to determine the level of their brain function. In addition, the platform can determine the patients’ processing speed and memory as it is designed to interpret the patient’s mood as well as cognition. This technology will assist doctors to measure behavior patterns of patients objectively; unlike before when physicians had to evaluate the condition of persons having cognition disorders continuously. This technology has attracted health investors such as Jim Tananbaum, CEO of Foresite Capital.

Foresite Capital is a venture capitalist firm with $1.1 billion in assets. Currently, the firm is investing in healthcare start-up companies such as the Mindstrong. According to Jim, the healthcare sector is growing continuously. As a result, the firm is collaborating with visionary entrepreneurs who seek to improve the healthcare through innovation. Visit Medium for more info.

Jim Tananbaum Career Profiling

Jim Tananbaum is an expert in the healthcare investment. After graduating in medicine from Harvard Medical School, he founded GelTex pharmaceuticals (NASDAQ: GENX). During his tenure as CEO, the firm was able to introduce two drugs in the market. Currently, the two drugs generate more than $I billion as revenues. However, the company was acquired for $1.6 billion. Jim later founded Theravance Biopharma (NASDAQ: TBPH). Currently, the company has a market capitalization of $2.75 billion. Surprising, Jim has established other businesses such as Prospect Venture Partners II and III.

Jim is a graduate in B.S and B.S.E.E from Yale, medicine from Harvard Medical School, and in M.S from MIT. In addition, he did postgraduate studies in M.B.A from Harvard Business School thus qualifying him to manage venture capital organizations in the healthcare industry successfully.

Read more: https://ideamensch.com/jim-tananbaum/

Equities First Holdings, Your Best Business Partner!

Equities First Holdings is a financial advisor dealing in the issuance of fast working capital during the onset of the harsh economic crisis. For the company, nothing thrills them more than becoming part of the solution to your needs in the fast working environment. As a matter of fact, nothing creates a better benefit that is entering the increased financial capability through securing fast working capital. During the harsh economic climate, credit-based loans are characterized by high-interest rates. However, the stock-based loans are always characterized by the low-interest rates. For this reason, they end up working for the greater benefit of the people who are in need of eh capital. As a matter of fact, we must develop the fast working capabilities in a manner that is unparalleled in the industry.

Equities First Holdings has seen more traction in the use of fast working capital during the onset of the harsh economic climate. For the lending institutions issuing fast working capital using credit, they have hardened their lending criteria. For this reason, few people end up leading a working capability. As a matter of fact, no one has a better business capacity in these criteria. Therefore, you can work to receive these funds using stocks as collateral.

No one can deny that the country is not in a financial crisis. When you see commodity prices hiking, it is a clear indication that the economic crisis is on the losing end. For this reason, everyone works to get better business through the issuance of fast working capital. The company has also seen most of their intensified capital taken by clients in a manner that depicts the true leadership capabilities in this industry. For this reason, the company will always be chosen over every other business entity. Equities First Holdings has offices in all parts of the world.

Who is Vincent Parascandola and his Involvement with AXA

Vincent Parascandola is a very skilled management official from the United States. He specializes in several areas such as financial services, retirement planning, estate planning, asset management and life insurance. He attended the Pace University– Lubin School of Business where he graduated with a degree in computer science. As of today, Vincent Parascandola works with AXA USA. Before joining this firm, he used to work for the MONY Group where he held several roles such as the filed vice president, sales manager and as a financial professional.

Vincent Parascandola has also worked for the Prudential Insurance for two years as an agent and Irvin Trust Company for two years as a system analyst. Some the positions that he has occupied with AXA US include senior executive vice president, chief sales officer, and president of the Continental division and the president of the AXA Equitable continental division. He has been with this company since the year 2005.

AXA is a financial service company that operates worldwide. This firm has offices in all parts of the globe as its services are available in Asia-Pacific, Western Europe, United States, Middle East, and the Far East. AXA specializes in services like investment management and global insurance. For eight consecutive years ending in 2016, AXA has recorded a brand growth of 14 percent annually. Because of its diversity, the firm is operated under different international laws as they differ from one country to the other.

AXA was established exactly 200 years ago and used to be referred to Mutuelle de L’assurance and has survived through the acquisition of other companies. Under different countries, the company operates under different names. The company has its operations in countries like Mexico, Indonesia, China, Thailand and Philippines, United States, France, United Kingdom and Japan. The name AXA is meant to be pronounced by all nations of the earth and is not an acronym.

The company does keep all the money it makes but spends some with philanthropy. Some of its major initiatives when it comes to giving is its research fund that is estimated at 100 million euros. The fund is meant to fund different types of research by different institutions.