Safeguard Scientifics’ (NYSE: SFE) third quarter earnings call this week highlighted areas where the investment firm sees compelling opportunities, particularly in healthcare and life science companies.
There was also a changing of the guard. Peter Boni, the CEO, announced his retirement next year with CFO Stephen Zarrilli taking over the role next month. Boni said he would act as a senior advisor to the company through next year.
The Wayne, Pennsylvania investment firm noted that it’s scaling back its cash deployments next year to $65 million to $85 million from $100 million to $150 million. That’s partly because of the increasing complexities of valuation.
To read the full, original article click on this link: 3 companies that reflect Safeguard Scientifics’ healthcare investments | MedCity News
