Biotechnology is basically an area of biology that involves the use of living things or processes to manufacture technology or products that are intended to improve the quality of human life. This concept has recently been incorporated in the mortgage industries by Lindsay Rosenwald who strive to bring success to the mortgage industry.
Biotech entrepreneurs play a very vital part of the successful incorporation of biotech in the mortgage industry. Their role is basically to create value from basic life science innovations. They come up with new ideas that are incorporated in various industries such as the mortgage industry.
A good example of a mortgage company that has incorporated biotech and succeeded in the mortgage industry is Scottish Mortgage.
What is Scottish Mortgage
This mortgage company happens to be the new king of the industry. It has been banking on a suite of bets in the biotech sector which has enabled them to retain their position in 2014.
Their very first holding of 2.6 billion euros eclipsed the alliance trust, making it one of the largest trusts in London last year. James Anderson, the manager of this trust, credits the biotechnology industry for the success of the firm.
According to him, areas such as transport, healthcare, and energy sectors are greatly benefiting from such technological innovations. Incorporating it in the mortgage industry is becoming a new norm in the industry with many companies and organization striving to do it.
The key to this revolution is none other than biotechnology which includes advanced stemming from the sequencing of the human genome. This can be a very effective way to successfully incorporate biotech in the mortgage industry.
It has given Scottish Mortgage a competitive advantage over its competitors. Illumina, which happens to be the fifth-largest holding in Scottish mortgage, is said to be at the forefront of this change.
This group manufactures equipment that are used to analyze gene structures and has consequently become the subject of bid speculation in the past couple of years. Mr. Anderson has recently purchased new biotechnological stocks which include Myriad Genetics which is a molecular diagnostics company and Genomic Health which is a firm dedicated to cancer research.
According to recent research, the Alliance Trust remains larger than the Scottish Mortgage in terms of assets but smaller than Scottish Mortgage in the market capitalization. This still makes Scottish Mortgage on the lead.
As of now, Mr. Anderson is focusing on long-term investments with two main themes: the potential of disruptive and new technology and the rise of China. They had also invested in Tesla Motors, a company known for producing electric cars, and social media giant Twitter.
From the example given above, it is a clear cut that biotech is indeed the next frontier in the mortgage industry. The mortgage industry is embracing the innovations with much hope that the sector will not be the same again. Moreover, the ways you can use it has been clearly depicted through the Scottish Mortgage company.