Palo Alto Investors LP (PAI) is a physician-led investment firm that has been conducting deep, fundamental research since its establishment in 1989. With a focus on healthcare, PAI applies its expertise, original insight, and exhaustive research to identify long-term investment opportunities for high net worth and institutional investors. Unlike some firms that rent stocks, PAI takes a different approach by owning them.

This commitment to ownership allows them to immerse themselves in companies that are often misunderstood or mispriced, using their extensive clinical experience to identify competitive advantages and opportunities that may be overlooked by others. PAI's research process is rigorous and exacting, taking at least six months of analysis before any initial position is established, and continues for the duration of the investment. The company employs a team of research analysts with extensive industry experience and clinical expertise in the healthcare sector.

Located in Palo Alto, California, PAI benefits from its proximity to leading researchers, disruptors, and venture capitalists, allowing them to tap into unique resources for investment insights. With a mission to be an enduring leader in the investment management industry, PAI is committed to the trust and alignment of investment interests