Our healthcare equity research is broad in scope and in-depth in content and analysis. In addition to company-specific research, our team publishes sector overviews that seek to identify emerging trends and ways investors can benefit from these changes as well as inherent risks. Our Healthcare research includes healthcare services, healthcare information technology (IT), medical devices, biotechnology, biopharmaceuticals, and specialty pharmaceuticals.
Head of our Life Sciences Equity Research
Joel Sendek is a Managing Director and Head of our Life Sciences Equity Research team. Prior to joining Oppenheimer, Joel held CFO positions at four different biotech companies. Prior to that Joel was a senior analyst covering biotechnology at Lazard and subsequently Stifel where he also served as head of the healthcare equity research group. Joel has covered over 100 companies during the course of his sell-side career ranging from profitable large-caps to microcap biotech companies. Joel has been recognized by The Wall Street Journal as an All-Star Analyst with a number one ranking for stock picking. Earlier in his career he worked in business development at Progenics Pharmaceuticals and as an investment banker at Goldman Sachs. He has a biochemistry degree from Rice University.
Matt Biegler is a Senior Analyst covering Emerging Biotechnology. Prior to joining Oppenheimer, Matt worked with Mark Breidenbach covering Biotechnology. Prior to his Wall Street career, Matt spent over five years in the healthcare industry, most recently as a Consultant at Parexel International, a Contract Research Organization. His areas of expertise include clinical trial design and strategy. Matt holds a Bachelor’s degree in Biochemistry and Molecular Biology from Boston University, and a Master’s in Biotechnology from the Columbia University Graduate School of Arts and Sciences.
Mark Breidenbach is Managing Director and Senior Analyst covering Emerging Biotechnology. Mark was most recently at Roth Capital Partners as a lead Analyst covering Biotechnology and prior to that was a Managing Director and Senior Biotechnology Analyst at H.C. Wainwright & Co.. Prior to his Wall Street career, Mark was a Locum Scientist at Nature Publishing Group, and an Associate Specialist in Glycoproteomics and Metabolic Engineering at the Department of Chemistry, University of California Berkeley. Mark holds a PhD in Molecular and Cellular Physiology from Stanford University, a M. Phil. from the Department of Molecular Biophysics and Biochemistry at Yale University, and a dual BA in Biology and Chemistry from Cornell University.
François Brisebois is a Managing Director and Senior Analyst covering Biotechnology. Prior to joining Oppenheimer, he was a Senior Research Analyst at Craig-Hallum Capital covering Biotechnology and Biopharmaceuticals. He previously worked at Laidlaw Capital Markets as a Senior Analyst covering Biotechnology and Specialty Pharmaceuticals and started his Wall Street career at healthcare specialty firm Summer Street Research Partners. Frank holds a Bachelor’s degree in Molecular Biology from Colgate University and a Master of Science in Pharmaceutical Sciences from University of Montreal.
Leland Gershell is a Managing Director and Senior Analyst covering BioPharmaceuticals. Prior to joining Oppenheimer, Leland was Chief Financial Officer of Capricor Therapeutics and Tonix Pharmaceuticals. Leland also has both sell-side and buy-side experience and began his career on Cowen's biotechnology research team, where he provided sole coverage focused in the small and mid-cap segment. Leland has also authored numerous editorial and review articles and is an inventor on patents for Merck's Zolinza®. He earned his MD and Ph.D. in Organic Chemistry from Columbia University and his BA magna cum laude in Chemistry and Asian Studies from Dartmouth College.
Jeff Jones is a Managing Director and Senior Analyst covering Biotechnology. Prior to joining Oppenheimer, Jeff founded and ran One Health Advisors, LLC which provided strategic advisory services for the human and animal biopharma sector. Prior to founding One Health, Jeff had served in numerous roles with biotechnology companies, including Vice President of Business Development at Aratana Therapeutics and COO at Pharmathene. Jeff received an B.A. in Biology from University of Virginia and a Ph.D. in Cell & Molecular Biology from Baylor College of Medicine. He has also completed an M.B.A. at Cornell University, Johnson Graduate School of Management.
Justin Kim is a Senior Analyst covering Biotechnology. Before joining Oppenheimer, Justin worked on the Biotechnology Equity Research teams at Cantor Fitzgerald and FBR & Company. Justin started his equity research career at Wedbush Securities covering Healthcare Managed Care before focusing on Biotechnology. Justin holds a B.S. in Mechanical Engineering from Columbia University and an M.B.A. from Washington University in St. Louis.
Jay Olson, CFATitle:
Jay Olson is Managing Director and Senior Analyst covering Biotechnology. Prior to joining Oppenheimer, Jay covered SMID-cap names and worked on the Large Cap Pharmaceuticals team at Goldman Sachs for 4 years after 4 years on the #1 II-ranked Large Cap Pharmaceuticals team at Sanford Bernstein. Prior to Wall Street, Jay spent 18 years in the pharmaceutical industry, working mostly for Pfizer in finance, marketing and business development. Jay received an MBA in Finance and an MS in Chemical Engineering both from MIT, and a BS in Chemical Engineering from Tufts University. He also holds the CFA designation.
Hartaj Singh is Managing Director and Senior Analyst covering Biotechnology. Prior to joining Oppenheimer, Hartaj was Managing Director and Senior Biotechnology Analyst at BTIG Securities. Hartaj began his sell-side career at Lehman Brothers and subsequently moved to the buyside covering Biotechnology at Visium Asset Management and Tecumseh Partners. He began his career as a Clinical Trial Project Manager for ClinTrials Research and also worked as a Strategic Analysis Manager for Johnson & Johnson, both of which give him critical experience in clinical trial design. Hartaj has a BA in Biology from Case Western Reserve University and also did extensive graduate work in Computational Neurobiology. He also holds an MBA from Duke University’s Fuqua School of Business.
Suraj Kalia, CFATitle:
Medical Technology and Devices
Suraj Kalia is Managing Director and Senior Analyst covering Medical Technology and Devices. Previously, Suraj was Managing Director at Northland Securities. He has over 15 years of sell-side research experience and in 2018 was ranked #1 Healthcare Equipment & Supplies Analyst by Thomson Reuters. He has held senior equity research analyst positions at Rodman & Renshaw, Sanders Morris, Harris and Piper Jaffray. He also worked at Entegris Inc. in Business Development and at the University of St. Thomas in Minneapolis as an Adjunct Professor of Finance. Suraj holds a Bachelor’s degree in Technology Chemical Engineering from Indian Institute of Technology and a Master of Engineering in Chemical Engineering from Stevens Institute of Technology. He holds an M.B.A. from University of St. Thomas and the CFA certification.
Steven M. LichtmanTitle:
Steven Lichtman is Managing Director and Senior Analyst for Medical Devices. Steve has been on the sell side following the Medical Devices sector for over 20 years, including 18 as a senior analyst. Prior to joining Oppenheimer to cover Medical Devices, he held that role at JMP Securities and Banc of America Securities. Prior to Banc of America, Steve was the Senior Associate on leading Medical Devices teams at Credit Suisse First Boston and Schroder & Company, Inc. Steve received a B.A. from Duke University in Economics and Public Policy Studies and a M.B.A. from New York University's Stern School of Business.
Matt Nirenberg is an Executive Director and Senior Analyst covering Healthcare Services. He joined Oppenheimer in 2005 working with Michael Wiederhorn’s team, and continues to help Michael broaden his coverage. Prior to Oppenheimer, he spent five years on the buy-side. Matt earned an MBA in Finance and Accounting from NYU Stern and a BSBA from Washington University in St. Louis. He holds the designation of Chartered Financial Analyst.
Michael Wiederhorn is Managing Director and Senior Analyst covering Healthcare Providers and Services. His coverage focuses on managed care, hospitals, nursing homes, home health, hospice, emergency services, and related healthcare services. He has over fifteen years of experience in healthcare consulting and research and in 2013, he was honored as a top ranked Earnings Estimator in Health Care Providers & Services 2013 by Financial Times/Starmine. In addition, in 2009 and 2010, Michael was ranked the #1 brokerage analyst for Medical Care by Forbes Magazine. Prior to entering equity research, Michael was a management consultant at Ernst and Young, serving the healthcare industry. He has a Masters in Health Policy and Management from Harvard University and BA in American History from the University of Pennsylvania.