Healthcare companies by risk reading

Healthcare companies by risk reading: 1,214 companies ranked by a composite risk reading built from filed statements -- leverage, cash conversion, operating pressure, customer and supplier concentration and competitive position. Recomputed 1 September 2026.

Composite readings for 8,308 companies, recomputed 1 September 2026. A company appears here once at least three weighted categories cleared their inputs; the rest carry per-mechanism readings without a headline.

CompanyReadingBandSectorCountryCoverageMarket cap
DENTSPLY Sirona Inc XRAY78StretchedHealthcareUnited States4 / 6$2.2B
Day One Biopharmaceuticals Inc DAWN45ElevatedHealthcareUnited States5 / 6$2.2B
Sarepta Therapeutics Inc SRPT55ElevatedHealthcareUnited States4 / 6$2.2B
GN Store Nord GN56ElevatedHealthcareDenmark3 / 6$2.2B
Zymeworks BC Inc ZYME64StretchedHealthcareUnited States4 / 6$2.2B
LWB1 LWB144ElevatedHealthcareAustralia5 / 6$2.2B
Mesoblast Limited LWB43ElevatedHealthcareAustralia5 / 6$2.1B
Mesoblast Ltd MESO41ElevatedHealthcareAustralia4 / 6$2.1B
Addus HomeCare Corporation ADUS32NormalHealthcareUnited States5 / 6$2.1B
Aurinia Pharmaceuticals Inc AUPH15ContainedHealthcareCanada5 / 6$2.1B
The United Laboratories International Holdings Limited UNJ47ElevatedHealthcareHong Kong5 / 6$2.1B
Avadel Pharmaceuticals plc AVDL58ElevatedHealthcareIreland4 / 6$2.1B
Alamar Biosciences, Inc. ALMR58ElevatedHealthcareUnited States5 / 6$2.1B
Adma Biologics Inc ADMA23NormalHealthcareUnited States5 / 6$2.1B
Nanobiotix 5NR73StretchedHealthcareFrance3 / 6$2.1B
UroGen Pharma Ltd URGN58ElevatedHealthcareUnited States5 / 6$2.1B
AddLife AB (publ) ALIF-B48ElevatedHealthcareSweden4 / 6$2.1B
Butterfly Network Inc - Class A BFLY53ElevatedHealthcareUnited States5 / 6$2.1B
HUTCHMED (China) Ltd HCM59ElevatedHealthcareHong Kong5 / 6$2.1B
Genus plc GBE52ElevatedHealthcareUnited Kingdom3 / 6$2.1B
Nanobiotix NBTX78StretchedHealthcareFrance4 / 6$2.1B
NovoCure Ltd NVCR67StretchedHealthcareSwitzerland5 / 6$2.1B
Select Medical Holdings Corporation SEM47ElevatedHealthcareUnited States5 / 6$2.0B
Vericel Corp VCEL32NormalHealthcareUnited States5 / 6$2.0B
Zenas Biopharma Inc ZBIO66StretchedHealthcareUnited States4 / 6$2.0B
Establishment Labs Holdings Inc ESTA64StretchedHealthcareUnited States5 / 6$2.0B
Perrigo Company plc PRGO83AcuteHealthcareIreland4 / 6$2.0B
Xencor Inc XNCR71StretchedHealthcareUnited States5 / 6$2.0B
Agios Pharmaceuticals Inc AGIO36NormalHealthcareUnited States5 / 6$2.0B
Grifols SA GRFS45ElevatedHealthcareSpain5 / 6$2.0B
HUTCHMED (CHINA) LS-1 H7T248ElevatedHealthcareHong Kong5 / 6$2.0B
Generate Biomedicines, Inc. GENB52ElevatedHealthcareUnited States5 / 6$2.0B
Stoke Therapeutics Inc STOK26NormalHealthcareUnited States5 / 6$1.9B
Fagron NV FAGR33NormalHealthcareBelgium5 / 6$1.9B
Galapagos NV GXE31NormalHealthcareBelgium3 / 6$1.9B
Apollo Medical Holdings Inc ASTH41ElevatedHealthcareUnited States5 / 6$1.9B
Immunocore Holdings plc IMCR34NormalHealthcareUnited Kingdom5 / 6$1.9B
Inhibrx Biosciences Inc INBX61StretchedHealthcareUnited States5 / 6$1.9B
Alvotech ALVO39NormalHealthcareLuxembourg5 / 6$1.9B
Taysha Gene Therapies Inc TSHA49ElevatedHealthcareUnited States5 / 6$1.9B
Vir Biotechnology Inc VIR61StretchedHealthcareUnited States5 / 6$1.9B
Lemaitre Vascular Inc LMAT29NormalHealthcareUnited States5 / 6$1.8B
Galapagos NV GLPG16ContainedHealthcareBelgium5 / 6$1.8B
Inspire Medical Systems Inc INSP33NormalHealthcareUnited States5 / 6$1.8B
Dynavax Technologies Corp DVAX49ElevatedHealthcareUnited States5 / 6$1.8B
Surgery Partners Inc SGRY47ElevatedHealthcareUnited States5 / 6$1.8B
Recursion Pharmaceuticals Inc - Class A RXRX60StretchedHealthcareUnited States5 / 6$1.8B
SKAN Group AG SKAN44ElevatedHealthcareSwitzerland5 / 6$1.8B
Biolife Solutions Inc BLFS54ElevatedHealthcareUnited States4 / 6$1.8B
PolyPeptide Group AG PPGN55ElevatedHealthcareSwitzerland5 / 6$1.8B
Personalis Inc PSNL60StretchedHealthcareUnited States5 / 6$1.8B
Intellia Therapeutics Inc NTLA46ElevatedHealthcareUnited States5 / 6$1.8B
Sonida Senior Living Inc SNDA61StretchedHealthcareUnited States4 / 6$1.8B
Attendo AB (publ) 7AT32NormalHealthcareSweden3 / 6$1.8B
FORTE SOFTWARE INC FTRE82AcuteHealthcareUnited States4 / 6$1.7B
Septerna Inc SEPN36NormalHealthcareUnited States5 / 6$1.7B
Syndax Pharmaceuticals Inc SNDX56ElevatedHealthcareUnited States5 / 6$1.7B
Ping An Healthcare and Technology Company Ltd 1XZ55ElevatedHealthcareChina5 / 6$1.7B
Eton Pharmaceuticals Inc ETON31NormalHealthcareUnited States5 / 6$1.7B
HBM HLDGS LTD DL-000025 6XY13ContainedHealthcareChina5 / 6$1.7B
ANI Pharmaceuticals Inc ANIP24NormalHealthcareUnited States4 / 6$1.7B
Pharma Mar SAU PMRA54ElevatedHealthcareSpain4 / 6$1.7B
Clariane SE CLARI45ElevatedHealthcareFrance5 / 6$1.7B
AnaptysBio Inc ANAB17ContainedHealthcareUnited States4 / 6$1.7B
Faes Farma SA FAE39NormalHealthcareSpain5 / 6$1.6B
Omnicell Inc OMCL55ElevatedHealthcareUnited States5 / 6$1.6B
Ascentage Pharma Group International AAPG54ElevatedHealthcareChina5 / 6$1.6B
NAKANISHI INC. 6SN26NormalHealthcareJapan5 / 6$1.6B
4DMEDICAL Ltd 4DX48ElevatedHealthcareAustralia4 / 6$1.6B
Absci Corp ABSI72StretchedHealthcareUnited States4 / 6$1.6B
Novavax Inc NVAX46ElevatedHealthcareUnited States4 / 6$1.5B
EVEREST MED.LTD DL-0001 6HN44ElevatedHealthcareChina5 / 6$1.5B
Ardent Health Partners Inc ARDT40ElevatedHealthcareUnited States4 / 6$1.5B
Phibro Animal Health Corp - Class A PAHC33NormalHealthcareUnited States5 / 6$1.5B
Tandem Diabetes Care Inc TNDM73StretchedHealthcareUnited States4 / 6$1.5B
NIPRO CORP. 5FA41ElevatedHealthcareJapan5 / 6$1.5B
Innoviva Inc INVA31NormalHealthcareUnited States4 / 6$1.5B
Kestra Medical Technologies Ltd KMTS48ElevatedHealthcareUnited States5 / 6$1.5B
Bonesupport Holding AB BONEX32NormalHealthcareSweden3 / 6$1.5B
Healthcare Services Group Inc HCSG37NormalHealthcareUnited States5 / 6$1.5B
Conmed Corp CNMD43ElevatedHealthcareUnited States5 / 6$1.5B
Omada Health Inc OMDA37NormalHealthcareUnited States5 / 6$1.5B
Agilon Health Inc AGL47ElevatedHealthcareUnited States5 / 6$1.5B
MicroPort Scientific Corporation MSK61StretchedHealthcareChina5 / 6$1.5B
InnovAge Holding Corp INNV49ElevatedHealthcareUnited States5 / 6$1.5B
Xeris Biopharma Holdings Inc XERS25NormalHealthcareUnited States5 / 6$1.5B
Nolato AB (publ) NOLA-B45ElevatedHealthcareSweden4 / 6$1.5B
Schrodinger Inc SDGR46ElevatedHealthcareUnited States5 / 6$1.5B
Nektar Therapeutics NKTR70StretchedHealthcareUnited States5 / 6$1.5B
Aktis Oncology Inc AKTS69StretchedHealthcareUnited States5 / 6$1.4B
Alphatec Holdings Inc ATEC61StretchedHealthcareUnited States4 / 6$1.4B
Azenta Inc AZTA49ElevatedHealthcareUnited States5 / 6$1.4B
Enovis Corp ENOV70StretchedHealthcareUnited States4 / 6$1.4B
JMDC INC. 6JM18ContainedHealthcareJapan5 / 6$1.4B
Ramsay Générale de Santé SA GD646ElevatedHealthcareFrance5 / 6$1.4B
CONSUN PHARMAC.GR.HD -10 C1P24NormalHealthcareChina5 / 6$1.4B
Harrow Inc HROW31NormalHealthcareUnited States5 / 6$1.4B
Medartis Holding AG 1RU44ElevatedHealthcareSwitzerland5 / 6$1.4B
Ascletis Pharma Inc 2VJ66StretchedHealthcareChina5 / 6$1.4B
Aevis Victoria SA AEVS56ElevatedHealthcareSwitzerland5 / 6$1.3B

By sector

How the reading is built

Each company is scored on six mechanisms -- market expectation, operating pressure, cash conversion, leverage, concentration and competitive position -- from its own filed statements. A mechanism whose inputs do not clear its coverage floor is left unread rather than scored zero, and a reading built on thin coverage is pulled toward a neutral prior rather than claiming safety from what nobody looked at.

Descriptive, not advisory. These bands describe measured mechanisms; they are not investment advice, not a forecast, and not a statement about whether a share is worth owning.