With a net worth of $3.3 billion, Joseph Edelman is one of the wealthiest Americans. He started Perceptive Advisors, a major biotech and life sciences investing firm. Isidore Edelman, a distinguished physicist from a Jewish family, was Joseph’s father. The Perceptive Advisors hedge fund primarily invests in small and mid-cap biotechnology companies. Exact Sciences Corporation and Arrowhead Pharmaceuticals, Inc. are two of Edelman’s major positions as of the first quarter of 2021. Exact Sciences Corporation is owned by Edelman, who holds 353,523 shares worth $46.58 million. With 409,341 shares in Arrowhead Pharmaceuticals, Inc. and Neurocrine Biosciences, Inc., the fund is the largest shareholder.
Here is Insider Monkey’s list of the 10 best pharmaceutical stocks to buy according to billionaire Joseph Edelman. According to millionaire Joseph Edelman, PLx Pharma Inc. is the ninth greatest pharmaceutical company to purchase. The company was created in 2002 and has a market valuation of $303.54 million. In the last 12 months, it has returned 355.24 percent. TherapeuticsMD, Inc. is a company that focuses on women’s health. According to millionaire Joseph Edelman, it ranks ninth among the top ten pharmaceutical stocks to purchase. The company recorded a 62.2 percent increase in quarterly revenue to $19.87 million. According to billionaire Joseph Edelman, Viatris Inc. is placed ninth among the top ten pharmaceutical stocks to purchase. The company was founded in 1961 and currently has over 1 million shares valued at over $14 million. Aclaris Medicines, Inc. is a pharmaceutical business focused on developing small molecule therapeutics for patients suffering from immune-mediated inflammatory diseases. According to millionaire Joseph Edelman, the company is ranked seventh among the top ten pharmaceutical stocks to purchase. According to millionaire Joseph Edelman, Verona Pharma Plc is the sixth greatest pharmaceutical company to buy. The company was founded in 2005 and has provided investors with gains of 29.55 percent in the last year. For more details, click 10 Best Pharmaceutical Stocks to Buy According to Billionaire Joseph Edelman.
