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Highlights
- XAO or All Ords entails the 500 largest companies on the ASX
- XAO is down by nearly 5.19% on a YTD basis, as of 7 June 2022
- The healthcare space has witnessed great developments amid the COVID-19 outbreak.
The All Ordinaries or All Ords (XAO) is an index of shares on the Australian Securities Exchange (ASX). The All Ords tracks the 500 largest ASX-listed companies. The index is down by nearly 5.19% on a year to date (YTD) basis, as of 7 June 2022.
This article will discuss the top 10 stocks based on market capitalisation from ASX healthcare that are constituents of All Ordinaries.
CSL Limited (ASX:CSL)
Global biotech leader CSL Limited (ASX:CSL) is engaged in developing and delivering biotherapies and influenza vaccines. It offers the widest range of quality plasma-derived and recombinant therapies in the industry.
Ramsay Health Care Limited (ASX:RHC)
Ramsay provides healthcare services through its 72 private hospitals and day surgery units in Australia. The company also has operations in Asia-Pacific, the UK, France, and the Nordics. Its global business provides healthcare services to over 532 facilities in 10 countries.
Sonic Healthcare Limited (ASX:SHL)
Sonic is engaged in laboratory medicine/ pathology, general practice, radiology, medicine, and corporate medical services. The company offers its services in the US, UK, and some European nations.
Cochlear Limited (ASX:COH)
Cochlear Limited provides hearing implant solutions and sound processor upgrades. The company's three operating segments are Cochlear implants, Services, and Acoustics. It has operations in Americas, Europe, Middle East and Africa (EMEA), and Asia-Pacific.
Pro Medicus Limited (ASX:PME)
Pro Medicus, a healthcare informatics company, develops and supplies healthcare imaging software and services to hospitals and medical businesses. It is based in Australia with operations in North America and Europe.
Ansell Limited (ASX:ANN)
Ansell is a safety solutions company based in Australia. It deals with development and sales of gloves and personal protective equipment. The company has two operations unit: Industrial Global Business Unit (GBU) and Healthcare Global Business Unit (GBU).
Healius Limited (ASX:HLS)
Healius Limited is an Australia-based healthcare company that provides pathology, imaging and scanning services as well as operates day hospitals. It has a network of pathology laboratories, diagnostic imaging centres, day hospitals, and In-Vitro Fertilisation (IVF) clinics.
Telix Pharmaceuticals Limited (ASX:TLX)
Telix is a radiopharmaceutical company developing diagnostic and therapeutic products using Molecularly Targeted Radiation (MTR) to treat cancer. Telix's research pipeline aims to address the significant unmet medical needs in prostate, brain (glioblastoma), kidney, and hematologic cancers, and a range of immunologic and rare diseases.
Australian Clinical Labs Limited (ASX:ACL)
ACL is a pathology service provider with specialist services in molecular cancer, gynaecology, and obstetrics, pharmacogenetic testing, gastroenterology, and hospital services. It has a range of clients, including patients, doctors, hospitals, specialists, and corporate clients.
Nanosonics Limited (ASX:NAN)
Nanosonics Limited is engaged in researching, developing, and commercialising infection control and decontamination products. The company is focused on manufacturing and distributing the Trophon ultrasound probe disinfector and its associated consumables and accessories.
