OrbiMed, also known as OrbiMed Advisors, is a private equity and venture capital firm established in 1989. The firm was founded by Carl L. Gordon and Sven H. Borho. Its headquarters is located in New York City, New York and it has additional offices in San Francisco, California; Mumbai, India; Shanghai, China; Herzliya, Israel and Hong Kong. As of March 2019, the firm is managing 152 companies in its current portfolio and has sold off its ownership in 205 companies. Its most recent investment was for Imara on March 2019, a company developing therapeutics for sickle cell disease treatment.
OrbiMed focuses on funding companies in the field of life sciences. The firm invests globally, with past investments on companies based in North America, Europe, and Asia (China, India, and Israel). The firm finances companies at various stages of development, from seed to buyouts. Its most recent funding round raised $551 million on September 2017.
The firm invests as private equity, public equity and private credit/royalty. OrbiMedi globally invests from seed-stage venture to large corporations.
Notable interests of the firm include gene therapy, immuno-therapy and gene editing, etc.
As of November 2019, the firm has invested in MDClone, Adicet Bio, Cleave Therapeutics, Edgewise Therapeutics, GrayBug, ORIC Pharmaceuticals, Passage Bio, PMV Pharmaceuticals, Protekt Therapeutics and Repare Therapeutics, etc.
Funding Rounds Participated In
Documentaries, videos and podcasts
- CompanyA company, abbreviated as "Co." within a company name, is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise.
- Venture capitalVenture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth. Capital invested usually carries a substantial element of risk.