What does OrbiMed invest in?
OrbiMed invests most often at Series B and Series A (52% of the rounds on record), in sectors such as Healthcare, Medtech and Tech-enabled Health.

United States · Investor
Last cheque observed Oct 2026; 447 cheques on record.
Deploying nowNew fund $1.9B, Oct 2026Private equity
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55 cheques in the last 12 months
Mostly Series B and Series A: 52% of its rounds
Sole investor in 32 rounds, median $30M
23 exits from the portfolio
We have been investing globally for over 25 years across the healthcare industry: from early-stage private companies to large multinational corporations.From their own website
Every round we can evidence, newest first447 appearances
42 rounds
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
Named by the firm itself, on a filing, its Form ADV or its company registration24 named
We also hold 98 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
From the firm's own filings with the SEC, which it must file accurately by law
Funds on its Form ADV
20 private funds, $15B in gross assets · filed Mar 2024
Fund meets the definition of 11Hedge 6Private equity 3
And 10 more on the filing.
Who backs their funds
The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Sept 2025.
| Fund | Vintage | Committed |
|---|---|---|
| OrbiMed Royalty Credit Opps V | 2025 | $75M |
| OrbiMed Private Investments IX | 2022 | $75M |
| OrbiMed Royalty Credit Opps IV | 2022 | $75M |
| OrbiMed Private Investments VIII | 2020 | $50M |
| OrbiMed Royalty & Credit Opportunities III | 2019 | $50M |
| OrbiMed Private Investments V | 2013 | $40M |
| OrbiMed Private Investments IV | 2010 | $40M |
| Fund | Vintage | Committed |
|---|---|---|
| OrbiMed Private Investments VI | 2015 | $60M |
| OrbiMed Private Investments V | 2013 | $40M |
| OrbiMed Private Investments IV | 2009 | $40M |
From their own portfolio page (on their website)
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Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Companies it backed that were later bought or listed23 in all
The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.
The investors most often in the same rounds as OrbiMed. A count of rooms they were both in, not a relationship either has claimed.
The latest companies OrbiMed put money into.
OrbiMed invests most often at Series B and Series A (52% of the rounds on record), in sectors such as Healthcare, Medtech and Tech-enabled Health.
447 investments on record, 55 of them in the last 12 months, and it led 9. The most recent was in Oct 2026.
Its most recent investments on record: Dren Bio (Undisclosed round, Oct 2026), Star Therapeutics (Undisclosed round, Oct 2026) and Altis Labs (Series A, Sept 2026).
The median round it joins is $71M. It says it writes cheques of $1.0M to $75M.
Sometimes: it led 9 of its 447 investments on record (2%).
Most of the companies it backs are in the United States (78%) and Canada (8%).
Yes: it is actively investing, with 55 investments in the last 12 months.
Most often RA Capital Management (52 rounds together), Cormorant Asset Management (27 rounds together) and New Enterprise Associates (25 rounds together).
Find the investors who back rounds like yours, and keep every conversation on one fundraising board.
Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it