Jim Tananbaum and his Success in Healthcare Investment
In an interview with Ideasmench, Jim Tananbaum discussed his life journey and how to become successful as a health care investor. Jim Tananbaum is the CEO and also the founder of Foresite Capital. Jim told Ideasmench that he got the idea to start Foresite Capital more than 25 years ago while he was a strategist and a health entrepreneur. Jim Tananbaum has seen many possibilities in investing in the healthcare. People are also in need of affordable and high-quality health care. It is for this reason that as a health entrepreneur, Jim Tananbaum decided to start Foresite Capital.
According to Jim Tananbaum, his success in the healthcare industry can be attributed to understanding the healthcare operation model and also develop a solution that is long-term, and that is guaranteed to result in improved service provision. He told Ideasmench that he spends his typical day with his team members and they talk about strategies to use so as to overcome the problems faced as they look for a lasting solution for the healthcare investment. From time to time, Jim also takes the time to go to dinner with colleagues in the healthcare industry to network and also to create a working portfolio that is robust.
A committed family man, Jim Tananbaum takes the time to spend with his family despite his tight work schedule. Foresite Capital is a private equity firm that deals with healthcare. The company provides funding so as to ensure there is the professional handling of healthcare service delivery. Foresite Capital also identifies healthcare leaders who are developing and assists them with networking, finances, and information to help them prosper in the health systems investment. With more than 20 years’ worth of experience, Jim is specialized in the establishment and also the development of healthcare. Jim has contributed to the creation of pharmaceutical companies that develop drugs to mitigate diabetes effects. You can visit Medium to know more.
Jim Tananbaum has championed for the introduction of Intarcia, an implant that helps individuals who have diabetes. Intarcia is set to be launched in 2017 in the US and will help approximately 350 million people across the world that has diabetes. Visit his about.me page.