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OrbiMed Advisors

Latest Headlines

Latest Headlines

OrbiMed launches $600M fund for royalty, debt deals

OrbiMed, a big venture investor in the biotech industry, has assembled a $600 million fund to lure life sciences companies looking for some quick cash on royalty streams or a fresh source of debt

Ambit bounces back from dropped IPO with $30M round

A day after word that Ambit Biosciences had dropped plans for an $86 million IPO, venture investors have swooped in and replenished the cancer drug developer's coffers with a $30 million equity

SMT raises $10.5M for embolic protection device

Israeli start-up SMT Research and Development has received $10.5 million in a financing round led by OrbiMed Advisors. The start-up, which focuses on the development and commercialization of tools