United States · Investor

OrbiMed

Last cheque observed Oct 2026; 447 cheques on record.

Deploying nowNew fund $1.9B, Oct 2026Private equity

SeedSeries ASeries BHealthcareMedtechTech-enabled Health

Deploying now
82%of best year55cheques in 12 months, 447 on record
Since the last cheque2days00hrs00min00sec
Median round$71MCheque size, as they say$1.0M – $75MRounds led9 of 447Sole investor32 roundsExits23 from the portfolioMostly inUnited States, 78%
Pitch OrbiMed

OrbiMed highlights

  1. 01

    55 cheques in the last 12 months

  2. 02

    Mostly Series B and Series A: 52% of its rounds

  3. 03

    Sole investor in 32 rounds, median $30M

  4. 04

    23 exits from the portfolio

What they do

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
Type
Private equity (from a list, unverified)
Cheque size
$1.0M – $75M as they say
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
HealthcareMedtechTech-enabled Health
Based in
New York, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first447 appearances

  1. 2026

    42 rounds

  2. Oct
    Dren BioUS · Wowtale$350MWith 13 others
  3. Oct
  4. Sept
    Altis LabsSeries A · CA · BetaKit$25MLed
  5. Sept
    Intellia TherapeuticsDebt · US$400MWith 3 others
  6. Sept
    Helus PharmaCA$50MWith 3 others
  7. Sept
    Connexus TherapeuticsSeries A · HK$5.0MWith 1 other
  8. Jul
    FORE BiotherapeuticsSeries D · US · Ventureburn$67MWith 15 others
  9. Jul
    Q32 BioUS$200MWith 2 others
  10. Jul
    DarioHealthUS$24MWith 2 others
  11. Jul
    ErascaUS$633MWith 4 others
  12. Jul
    TytoCareGrowth · US · Echo Health Ventures$25MWith 11 others
  13. Jun
    TruNativSeries B · IN · Inc42$30MLed
  14. Jun
    Nuvation BioDebt · US$250MWith 4 others
  15. Jun
    Enliven TherapeuticsUS$460MWith 3 others
  16. Jun
    Triveni BioSeries C · US$65MWith 4 others
  17. Jun
    Shattuck LabsUS$75MWith 4 others
  18. May
    Accro BioscienceSeries C · CN · Ventureburn$50MLed
  19. May
    Whitehawk TherapeuticsUS$88MWith 2 others
  20. May
    Avalo TherapeuticsUS$431MWith 3 others
  21. May
    Apogee TherapeuticsDebt · US$1.3BWith 3 others
  22. Apr
    AdcendoSeries C · DK · Ventureburn$75MWith 9 others
  23. Apr
    Sidewinder TherapeuticsSeries B · US · Ventureburn$137MWith 8 others
  24. Apr
    SpectronRxUS · Ventureburn$85MSole investor
  25. Apr
    vVardisVenture · CHUndisclosedWith 1 other
  26. Apr
    ImageneBioUS$30MWith 4 others
  27. Apr
    Nucleus RadioPharmaGrowth · US$50MWith 2 others
  28. Apr
    AdelaUS$5.0MWith 2 others
  29. Apr
    Forte BiosciencesUS$150MWith 2 others
  30. Apr
    Terremoto BiosciencesSeries C · US$108MWith 3 others
  31. Apr
    Prelude TherapeuticsUS$90MWith 2 others
  32. Mar
  33. Mar
    Stairway MedicalVenture$73MWith 4 others
  34. Mar
    ApollomicsDebt · US$2.0MWith 1 other
  35. Mar
    QL BiopharmaSeries C$73MWith 3 others
  36. Mar
    Pinnacle MedicinesSeries B · US$89MWith 3 others
  37. Feb
    Xilio TherapeuticsUS$40MWith 3 others
  38. Feb
    QuantX BiosciencesSeries B · US$85MWith 3 others
  39. Jan
    MendraSeries A · US$82MWith 4 others
  40. Jan
    Corvus PharmaceuticalsUS$201MWith 4 others
  41. Jan
    Pee SafeSeries C$32MWith 2 others

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.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration24 named

AMAlexander Matthew CooperGeneral CounseliForm ADV
BKBarbra KocsisManager of the AdministratoriFiling they signed
BLBrendan LakeRelated person is managing member of the general partneriFiling they signed
BHBrian H. BurkholderDirectoriFiling they signed
BWBrian WoldowManager of the AdministratoriFiling they signed
CSC. Scotland StevensMember of the Managing Member of the General PartneriFiling they signed
CLCarl Lee GordonMember of the Managing Member of the General PartneriFiling they signed
CSCharles Scotland StevensMemberiForm ADV
CRColleen RuschDirector of the General PartneriFiling they signed
DSDavid Scotland BonitaMember of the Managing Member of the General PartneriFiling they signed
DGDavid G. WangDirector of the GPLTDiFiling they signed
DMDeann MorganDirector of the General PartneriFiling they signed
DSDevesh SaksenaManager of the AdministratoriFiling they signed
DWDouglas W. CoonChief Compliance OfficeriForm ADV
ELEdward L. Truitt, Jr.Executive OfficeriFiling they signed
EDEvan D. SotiriouDirectoriFiling they signed
GCGeoffrey Che-Chang HsuMember of the Managing Member of the General PartneriFiling they signed
GBGraham B.R. CollisDirectoriFiling they signed
JCJames CostabileManager of the Managing TrusteeiFiling they signed
JMJeff McGoeyDirector of the General PartneriFiling they signed
JLJohn LealeManager of the AdministratoriFiling they signed
JTJonathan T. SilversteinMember of the Managing Member of the General PartneriFiling they signed
KGKeith GlenfieldManager of the Managing TrusteeiFiling they signed
LRLeslie RossManager of the AdministratoriFiling they signed

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.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$21Bassets it managesOct 2026
10+funds on filenumbered funds in its name
Registeredinvestment adviserfull reporting to the SEC
Legal name
Orbimed Advisors LLC
SEC number
CRD 118608

Funds on its Form ADV

20 private funds, $15B in gross assets · filed Mar 2024

Fund meets the definition of 11Hedge 6Private equity 3

  1. OrbiMed Private Investments IX, L.P.Fund meets the definition of292 investors$1.9B
  2. OrbiMed ASIA Partners III, L.P.Fund meets the definition of117 investors$1.8B
  3. OrbiMed Private Investments VIII, L.P.Fund meets the definition of186 investors$1.7B
  4. OrbiMed Royalty & Credit Opportunities IV, L.P.Private equity405 investors$1.5B
  5. OrbiMed Private Investments VII, L.P.Fund meets the definition of145 investors$1.4B
  6. OrbiMed Private Investments VI, L.P.Fund meets the definition of140 investors$1.0B
  7. OrbiMed Royalty & Credit Opportunities III, L.P.Private equity113 investors$968M
  8. OrbiMed ASIA Partners IV, L.P.Fund meets the definition of132 investors$933M
  9. OrbiMed Partners Master Fund LimitedHedge195 investors$775M
  10. OrbiMed ASIA Partners V, L.P.Fund meets the definition of95 investors$733M

And 10 more on the filing.

Who backs their funds

2 LPs on record in OrbiMed's funds

Committed
$545M
Funds
8
Vintages
2009 to 2025

The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Sept 2025.

  • California State Teachers Retirement System7 funds$405M
    FundVintageCommitted
    OrbiMed Royalty Credit Opps V2025$75M
    OrbiMed Private Investments IX2022$75M
    OrbiMed Royalty Credit Opps IV2022$75M
    OrbiMed Private Investments VIII2020$50M
    OrbiMed Royalty & Credit Opportunities III2019$50M
    OrbiMed Private Investments V2013$40M
    OrbiMed Private Investments IV2010$40M
  • Oregon Public Employees Retirement Fund3 funds$140M
    FundVintageCommitted
    OrbiMed Private Investments VI2015$60M
    OrbiMed Private Investments V2013$40M
    OrbiMed Private Investments IV2009$40M

What they claim to have backed

From their own portfolio page (on their website)

21 of 60 we have independently watched raise

worldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldworldand 100 more

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.

Exits from the portfolio

Companies it backed that were later bought or listed23 in all

ReceptosBought by Celgene$7.3BJul 2015
Auxilium PharmaceuticalsBought by Endo Health Solutions$2.6BOct 2014
Ambit BiosciencesBought by Daiichi Sankyo$410MSept 2014
Civitas TherapeuticsBought by Acorda Therapeutics$525MSept 2014
Seragon PharmaceuticalsBought by Genentech$725MJul 2014
Rempex PharmaceuticalsBought by The Medicines Company$464MDec 2013
ACADIA PharmaceuticalsListed$115MMay 2013
Vessix VascularBought by Boston Scientific$300MNov 2012
EUSA PharmaBought by Jazz Pharmaceuticals$650MApr 2012
SuperDimensionBought by Covidien$300MMar 2012
Enobia PharmaBought by Alexion PharmaceuticalsUndisclosedDec 2011
Innovative Spinal TechnologiesBought by Theken Spine$9.3MSept 2009
Arius ResearchBought by Roche$143MJul 2008
SGX PharmaceuticalsBought by Eli Lilly$66MJul 2008
CryoCorBought by Boston ScientificUndisclosedMay 2008
EUSA PharmaBought by EUSA Pharma$23MMar 2008
Auxilium PharmaceuticalsListedUndisclosedDec 2007

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as OrbiMed. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies OrbiMed put money into.

Quick answers about OrbiMed

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.

How active is OrbiMed?

447 investments on record, 55 of them in the last 12 months, and it led 9. The most recent was in Oct 2026.

What has OrbiMed invested in recently?

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).

How big are OrbiMed's cheques?

The median round it joins is $71M. It says it writes cheques of $1.0M to $75M.

Does OrbiMed lead rounds?

Sometimes: it led 9 of its 447 investments on record (2%).

Where does OrbiMed invest?

Most of the companies it backs are in the United States (78%) and Canada (8%).

Is OrbiMed investing now?

Yes: it is actively investing, with 55 investments in the last 12 months.

Who does OrbiMed invest alongside?

Most often RA Capital Management (52 rounds together), Cormorant Asset Management (27 rounds together) and New Enterprise Associates (25 rounds together).

Raising now?

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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