The Rise, Fall, And Rise Of Entrepreneur Jacob Gottlieb

About twenty years ago Jacob Gottlieb and Stuart Weisbrod worked together before going their separate ways. They are now back together on the same roof and are collaborating with each other on the best ways to invest. Jacob Gottlieb is operating Altium Capital which will specialize in investing in healthcare firms. His first move was investing in Oramed Pharmaceuticals, Inc. in which he took at 5.61 percent stake.

Jacob Gottlieb and Stuart Weisbrod had worked together at Merlin BioMed Group. This company, which Weisbrod had co-founded, invested in companies that were in pharmaceuticals, medical devices, biotechnology, and healthcare services. Both have educational backgrounds in medicine with Jacob Gottlieb earning his medical degree while Stuart Weisbrod has a Ph.D. in biochemistry.

When Merlin BioMed Group shut its door in 2007 this team split up. Weisbrod went on to found Iguana Healthcare Partners while Jacob Gottlieb established Visium Asset Management. Gottlieb started out with $300 million and within a year he was managing a hedge fund worth $ 2.5 billion. He made it through the stock market crash of 2008-2009 and before long the hedge fund had ballooned to a value of $8 billion. His company had offices in New York City, London, and San Francisco.

Visium Asset Management came to a crashing halt in 2016, though. Three of its executives were arrested for mismarking and insider trading. This conduct had been revealed by a whistleblower. Both the FBI and the SEC investigated and another executive was also charged. Even though Jacob Gottlieb was cleared of any wrongdoing he was forced wind this company down, return money to investors, and dissolve its operations.

Jacob Gottlieb says that he enjoys now working out of the same office as Stuart Weisbrod. He sees some exciting developments in the healthcare industry and there are a number of investment opportunities to be had. He decided to invest in Oramed Pharmaceuticals because of their flagship product. This product is an insulin capsule that can be taken orally. This is much more preferential to the usual way of getting insulin which is sticking a needle in your arm.

Find out more about Jake Gottlieb Altium: http://inspirery.com/jacob-gottlieb/

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