With a clear objective to strengthen the Health care filings for 2015 and to help healthcare companies to meet the requirements of Section 1502, led us to analyze 2014 filings. We used sample data from 409 Health care companies, registered with the SEC.
Registrants of Health Care sector:
We initially broke the filings down by market capitalization and annual revenue of all the registrants of Health care sector. In comparison, 24% of the registrants had a market capitalization exceeding $1billion, 5% had a market capitalization exceeding $5 billion and only 2% had a market capitalization exceeding $20 billion. Since market capitalization is not the only denotive of the issuer’s size, we included annual revenue to the scope. 95% of the registrants had annual revenue exceeding $1 billion and 1% had annual revenue exceeding $250 billion.