www.varchev.com

The Buffett of Biotech's Portfolio

Rating:

12345
Loading...

Through Opko Health, billionaire Dr. Phillip Frost (see main story) is building a health-care-focused Berkshire Hathaway, but like other great investors, he finds values in a myriad of industries. Below are 20 Frost-owned companies, nearly all publically traded, but most are highly risky micro-caps.

OPKO HEALTH (OPK) Frost owns 34% of therapeutics and diagnostics company with $1.2 billion in sales.

TEVA PHARMACEUTICALS INDUSTRIES (TEVA) A $20 billion (revenue) Israel-based big pharma, specializing in generics. Frost owns 1.5% of the stock.

VECTOR GROUP (VGR) Founded by fellow Philadelphian Bennett LeBow; owns tobacco company Liggett Group and commercial realtor Douglas Elliman Realty. Frost is largest shareholder, with 15%.

LADENBURG THALMANN (LTS) Regional investment bank and financial advisory; 4,000 advisors and $132 billion in assets. Frost owns 36.5% and Vector Group owns 8.23%.

CASTLE BRANDS (ROX) Maker of premium liquor, including Jefferson's whiskey and Goslings rum. Frost owns 33.5% and Vector 8%.

COCONUT GROVE BANKSHARES (Private) Miami-Dade's oldest bank; Frost owns 24%.

COGINT (COGT) Formerly Tiger Media; a cloud-based data and analytics company focused on marketing and risk management. Frost owns 29%.

BIOCARDIA (Private, Owned by Opko) Formed by Frost's Sorbonne roommate, Dr. Simon Stertzer. A clinical-stage company using stem cells to repair cardiac muscle after a heart attack. Frost owns 32.7%.

DRONE AVIATION (DRNE) Florida-based maker of drones for law enforcement and military. Frost owns 14%.

ARNO THERAPEUTICS (ARNI) Developing antiprogestins for breast, endometrial and prostate cancers. Opko owns 9%.

ZEBRA BIOLOGICS (Private, Owned by Opko) Attempting to make generic versions of antibody drugs--like the bestselling rheumatoid arthritis drug Humira--that could be better than the original. Opko owns 29%.

OAO PHARMSYNTHEZ (Private, Owned by Opko) Russian developer and marketer of new drugs in Eastern Europe. Opko owns a 17% equity interest.

RXI PHARMACEUTICALS (RXII) Ladenburg took it public in December. Developing an RNA interface to prevent skin scars. Opko has an 19% equity interest.

COCRYSTAL PHARMA (COCP) New antivirals (hepatitis C, flu, Norovirus); Frost and Opko own 23%.

SEVION THERAPEUTICS (SVON) Developing antibodies against difficult targets; treating cancer and immunological diseases. Frost and Opko own 20%.

NEOVASC (NVCN) Canadian maker of specialized cardiology devices. Frost owns 22%.

CHROMADEX (CDXC) Maker of ingredients for nutritional supplements. Frost owns 14.6%.

VBI VACCINES (VBIV) Developing a technology platform to design vaccines for hepatitis B, Zika and brain tumors. Opko has a 25% equity interest.

MABVAX THERAPEUTICS (MBVX) Clinical-stage cancer immunotherapy. Frost and Opko have an estimated 5% interest.

MUSCLEPHARM (MSLP) Nutritional supplements. Frost owns less than 5%.


 Varchev Traders

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy