Established in 2003, Great Point Partners is a private investment firm that caters to the health care sector. As of April 2014, the firm manages an estimated $750 million in assets that span the United States, Canada, and Western Europe. Great Point Partners (GPP) is comprised of 26 investment professionals who have overseen portfolios for more than 100 health care companies. Experienced in both private and public funds, the company invests in all areas of the health care industry, including pharmaceutical infrastructure, information technology, workers compensation, and hospital outsourcing.
In early 2014, GPP announced its recapitalization investment in Corrona, Inc., a company that specializes in clinical real-world data. A leading provider in its industry, Corrona focuses on gathering data on autoimmune and chronic diseases, such as rheumatoid arthritis. GPP’s equity investment in the company provides an opportunity for Corrona to expand its database by implementing more technology and project management resources.