# Perceptive Advisors' Pharma Investments: 18 Startups in Its Portfolio (2026) > The 18 Pharma startups Perceptive Advisors has backed, by stage: $2.5B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/perceptive-advisors-pharma-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 11 - [*I* Inhibrx](https://millionrounds.com/company/inhibrx) - [Zentalis Pharmaceuticals](https://millionrounds.com/company/zentalis-pharmaceuticals) - [Edgewise Therapeutics](https://millionrounds.com/company/edgewise-therapeutics) - [Day One Biopharmaceuticals](https://millionrounds.com/company/day-one-biopharmaceuticals) - [Point Biopharma](https://millionrounds.com/company/point-biopharma) - [HilleVax](https://millionrounds.com/company/hillevax) - [Mereo Biopharma](https://millionrounds.com/company/mereo-biopharma) - [EUSA Pharma](https://millionrounds.com/company/eusa-pharma) - [Xilio Therapeutics](https://millionrounds.com/company/xilio-therapeutics) - [Opus Genetics](https://millionrounds.com/company/opus-genetics) - [Outlook Therapeutics](https://millionrounds.com/company/outlook-therapeutics) ## Series C and later 3 - [Zenas BioPharma](https://millionrounds.com/company/zenas-biopharma) - [Poseida Therapeutics](https://millionrounds.com/company/poseida-therapeutics) - [Avalyn Pharma](https://millionrounds.com/company/avalyn-pharma) ## Series B 2 - [Kardigan](https://millionrounds.com/company/kardigan) - [Rain Oncology](https://millionrounds.com/company/rain-oncology) ## Series A 2 - [Neurosterix](https://millionrounds.com/company/neurosterix) - [Sermonix Pharmaceuticals](https://millionrounds.com/company/sermonix-pharmaceuticals) ## Segment by segment ### Stage not reported 11 startups · $1.3B raised - [*I* **Inhibrx**](https://millionrounds.com/company/inhibrx) United States $265M - [**Zentalis Pharmaceuticals**](https://millionrounds.com/company/zentalis-pharmaceuticals) Zentalis is a pharmaceutical company focused on developing clinical therapeutics for cancer patients. United States $236M - [**Edgewise Therapeutics**](https://millionrounds.com/company/edgewise-therapeutics) Edgewise Therapeutics is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization. United States $200M - [**Day One Biopharmaceuticals**](https://millionrounds.com/company/day-one-biopharmaceuticals) Day One Biopharmaceuticals develops targeted therapies to treat people with life-threatening diseases. United States $175M - [**Point Biopharma**](https://millionrounds.com/company/point-biopharma) Point Biopharma focused on the development and commercialization of radioligand therapies for the treatment of cancer. United States $125M - [**HilleVax**](https://millionrounds.com/company/hillevax) HilleVax is a biopharmaceutical company that focuses on the development and commercialization of novel vaccines. United States $100M - [**Mereo Biopharma**](https://millionrounds.com/company/mereo-biopharma) Mereo is a new UK-based speciality biopharmaceutical company. United Kingdom $92M - [**EUSA Pharma**](https://millionrounds.com/company/eusa-pharma) EUSA Pharma is a pharmaceutical company developing and licensing late-stage oncology, pain control, and critical care products. United Kingdom $54M ### Series C and later 3 startups · $737M raised - [**Zenas BioPharma**](https://millionrounds.com/company/zenas-biopharma) Zenas BioPharma is a biopharmaceutical company that focuses on developing immune-based therapies for patients. United States $420M - [**Poseida Therapeutics**](https://millionrounds.com/company/poseida-therapeutics) Poseida Therapeutics is a biopharmaceutical company utilizing gene engineering capabilities to develop targeted therapeutics. United States $217M - [**Avalyn Pharma**](https://millionrounds.com/company/avalyn-pharma) Avalyn Pharma is a biopharma company developing therapies for the treatment of idiopathic pulmonary fibrosis and other respiratory diseases. United States $100M ### Series B 2 startups · $317M raised - [**Kardigan**](https://millionrounds.com/company/kardigan) Kardigan is a heart health company developing drugs designed to make cardiovascular disease curable, preventable, and no longer th United States $254M - [**Rain Oncology**](https://millionrounds.com/company/rain-oncology) Rain Oncology is a clinical-stage company focusing on research and development of innovative therapies for cancer patients. - $63M ### Series A 2 startups · $103M raised - [**Neurosterix**](https://millionrounds.com/company/neurosterix) Neurosterix is a Geneva-based biopharmaceutical company founded in 2024, specializing in the development of next-generation allost Switzerland $63M - [**Sermonix Pharmaceuticals**](https://millionrounds.com/company/sermonix-pharmaceuticals) Sermonix Pharmaceuticals is a biopharmaceutical company based in Columbus, Ohio, founded in 2014 by Dr. United States $40M **How this map is made.** Every startup here works in Pharma and has raised money in a round we track that names Perceptive Advisors as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Sector portfolio **Perceptive Advisors' Biotech portfolio** 101 startups · $24B](https://millionrounds.com/portfolio-maps/perceptive-advisors-biotech-portfolio)[Portfolio map **Perceptive Advisors portfolio map** 133 startups · $28B](https://millionrounds.com/portfolio-maps/perceptive-advisors-portfolio-map)[Co-investors **Who invests with Perceptive Advisors** 116 co-investors](https://millionrounds.com/portfolio-maps/perceptive-advisors-co-investors)[Sector portfolio **BlackRock's AI portfolio** 41 startups · $529B](https://millionrounds.com/portfolio-maps/blackrock-ai-portfolio)[Sector portfolio **BlackRock's Fintech portfolio** 25 startups · $17B](https://millionrounds.com/portfolio-maps/blackrock-fintech-portfolio)[Sector portfolio **BlackRock's Biotech portfolio** 19 startups · $4.2B](https://millionrounds.com/portfolio-maps/blackrock-biotech-portfolio) ## Raising from investors like Perceptive Advisors? Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports. [Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)