Healthcare systems – Investments by Alexis and Patrice Bailo
Although he is a scion of a wealthy and powerful noble family in Belgium, Alexis Bailo de Spoelberch has shown he is very much in touch with the world of the average man. His family is one of the three major stakeholders of AB InBev, which is notably the largest brewery group in the world. On their own, Alexis and his brother have been involved in many of their own investments. He and his brother continue to operate numerous profitable family businesses, earning the Bailo brothers recognition in the European business sector as two very successful investors.
When they saw the burgeoning growth of the medical technology and diagnostics market, now worth USD 325 billion, Alexis Bailo de Spoelberch and his Patrice Bailo brother knew it was an opportunity that couldn’t simply be ignored. The industry’s annual growth rate of approximately 5 to 7 percent deserves attention, so Alexis and his brother have decided to put their money where their mouths are. They have invested in an at-home diagnostics venture for the world’s most common diseases including STIs and cancers. Alexis has shown a keen business sense by investing in this breakthrough venture. He has also demonstrated that simple solutions will often guarantee good business outputs. Alexis believes the at-home testing endeavor will have achieved its purpose once it becomes a popular health screening tool that would bring about a radical change in the healthcare market. With the increase in the level of testing, there would be early detection for many people. In turn, this would lead to better clinical outcomes. Alexis Bailo de Spoelberch also believes that the undertaking will be a great tool for countries already saddled by overloaded healthcare systems. The at-home testing venture will contribute to taking away some of the burden.