OpusPoint Partners, LLC is an investment advisory firm specializing in
healthcare
Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health profe ...
and
life sciences
This list of life sciences comprises the branches of science that involve the scientific study of life – such as microorganisms, plants, and animals including human beings. This science is one of the two major branches of natural science, the ...
.
Background
Founded in 2009 by Michael S. Weiss and
Lindsay A. Rosenwald, MD, the firm acts as the investment manager for some portfolio private hedge funds in the healthcare and biotechnology sectors.
In October 2010, OpusPoint invested approximately $3 million into National Holdings Corporation and formed a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...
. As a result, a new investment banking firm, OPN Capital Markets, was established to leverage the resources of both companies.
Among others, OpusPoint Partners participated in the private placement for such companies as Sunesis Pharmaceuticals, Inc. that developed Voreloxin, an anticancer drug used in
acute myeloid leukemia.
References
External links
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Investment companies of the United States
Money managers
Financial services companies based in New York City
Financial services companies established in 2009
Investment management companies of the United States
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