Meet The New Billionaire Getting Rich Making Injectors For Blockbuster Drugs Like Ozempic

The runaway success of weight loss drugs took the markets by storm last year, spurring huge stock gains for drugmakers like Novo Nordisk, which makes Wegovy and Ozempic. Most patients take them at home in weekly injections, using plastic, pen-like devices known as autoinjectors, filled with the liquid medication and fitted with a tiny needle as wide as two human hairs.
As demand for the drugs soars, so does the need for those devices. That growth has now minted a new billionaire: Roger Samuelsson, the 60-year-old Swedish cofounder of Switzerland-based SHL Medical, one of the world’s largest manufacturers of autoinjectors. Forbes estimates he’s worth $3 billion, largely thanks to his 69% stake in the company he cofounded in 1989. The remaining 31% is held by Swedish private equity firm EQT-which has minted seven billionaires over the years-and Athos, the family office of the billionaire Struengmann brothers. Press-shy Samuelsson, who declined multiple requests for an interview, also enjoys fast cars (he raced in the 2016 Ferrari Challenge series) and owns the 414-foot megayacht Octopus, which he bought in 2021; the yacht was built for its first owner, Microsoft cofounder Paul Allen (d. 2018).
0:00 Introduction
0:20 Who Is Roger Samuelsson?
3:32 The Growing Market For Injectors
5:50 Who Is The Competition In The Space
8:50 What's Next For SHL Medical
10:45 What's Next For Roger Samuelsson
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[@ProducerGio]

You guys a mile away from each other lol. Great story!

[@undulation]

Cool beans 👍

[@AlexBravo-ue2gg]

!!My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. With the current market movement, you have $100,000 to invest. Where are you investing it??

[@popololin]

Money advice varies, what works for one may not for another, but planning is key. Exposed to personal finance early, I started working at 19, bought my first home at 28, faced job loss at 36 during COVID. Consulting a CFP helped grow my finances. Currently, I'm 25% short of my $5m goal..

[@poloolo9]

I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech. Thanks to Andras Bohm, my advisor..

[@AlexBravo-ue2gg]

That is just amazing! Could you please tell me about your Certified Financial Planner (CFP)? This year, I'm considering some financial changes..

[@popololin]

Yes, Andras Bohm made headlines in 2020, but I'm not sure if I can bring him up in this context. he manages my portfolio and acts as a counselor for me..

[@AlexBravo-ue2gg]

PLEASE ADVISE.. What is the most reliable medium to reach him please?