CHARLOTTE, N.C., Oct. 4, 2017 /PRNewswire/ -- Highly regarded industry expert Sherif Gabriel, PhD, has become the newest partner of Discovery Healthcare Holdings Corp. (http://www.discoveryhealthcare.ventures/). Based in the Research Triangle, Dr. Gabriel has demonstrated exceptional management and team leadership skills over the course of his long career. He has likewise been instrumental in securing funding for cutting-edge research and development.
"Sherif epitomizes the diverse talent that Discovery brings to investors nationwide," said Reema Owens, CEO of Discovery Healthcare Holdings Corp. "Not only is he a tremendous asset to the company, but he is greatly admired for his own unique achievements."
Dr. Gabriel has been at the forefront of clinical research for the last 25-plus years. Most recently, he served as VP of scientific research and transformational medicine at Nivalis Pharmaceuticals. His focus at Nivalis was on novel treatments for cystic fibrosis (CF). Dr. Gabriel's research team engineered a CF drug that reached the Investigational New Drug phase of development, a significant accomplishment. Today, he maintains relationships with researchers and clinicians working to find treatments and cures for various challenging conditions.
On the financial side of the healthcare industry equation, Dr. Gabriel has been equally pioneering. He was a member of a small team that orchestrated the Initial Public Offering (IPO) for Nivalis, generating proceeds to the tune of over $88 million. In a separate crossover funding round, Dr. Gabriel pulled in another $30 million.
Discovery Healthcare Holdings expects Dr. Gabriel to be an invaluable contributor to the company's mission. That mission includes the acquisition of assisted living facilities, residential care facilities, multi-family housing developments, clinical research organizations and medical equipment companies. Each of these sectors is either undergoing or poised for rapid growth, thanks in part to demographic shifts underway in the U.S. population.
The partners at Discovery believe that putting its investors first ensures that all parties come out ahead; every investment is therefore subject to careful and thorough due diligence. In the near term, the company plans to raise $30 million for its initial investment tier. To that end, compelling off-market investment opportunities are available today. To learn more about these opportunities and how Discovery is balancing risk and return, visit http://www.discoveryhealthcare.ventures/.
About Discovery Healthcare Holdings Corp.
Discovery Healthcare Holdings Corp is a progressive healthcare company that was formed for the purpose of healthcare related acquisitions as well as operating entities combined to create a stronger more diverse position in the healthcare segment. Discovery is a transformation of RainTree Group Holding LLC and currently owns long-term care facility operations and multi-family housing developments. The Company's board of directors have a combined 40 years of experience in the long-term care industry, pharmaceutical industry and corporate finance models. Discovery Healthcare Holdings has recently acquired the RainTree Healthcare companies which has grown to generate substantial revenues. The Company is located in Charlotte, North Carolina.
Discovery Healthcare Holdings
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SOURCE Discovery Healthcare Holdings Corp.