Healthcare and biotech companies have been in high demand over the past twelve months as investors look to capitalize on the changing sentiment toward the industry and high growth rate many of the companies have to offer.
An area which offers significant long-term upside potential is within the services and devices sector. Like any industry costs can determine profitability, and for many private hospitals or governments going forward it will become more and more important. We have seen a number of industries where technology has helped curb high labor costs and increase efficiency, such as industrials.
One company that offers the prospect of cost reduction, increased efficiency and improved outcomes for those living with chronic disease is Alere Inc (NYSE:...
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