OrbiMed is a New York healthcare investment firm managing about 20 billion dollars across venture, private equity, public equity and royalty strategies, with teams in North America, Europe and Asia. Its cancer portfolio includes Adcendo (antibody-drug conjugates), Adela (blood-based cancer detection), Adicet Bio (immune-cell therapies) and Alterome (alteration-specific drugs).
OrbiMed traces its roots to the 1989 research firm Mehta & Isaly and was formed under its current name in 1998 (Wikipedia). Its homepage says it has been 'investing globally for over 25 years' from early-stage private companies to large multinationals and that its team of over 150 'manages approximately $20 billion across public and private company investments worldwide'. It runs venture, private equity, public equity and royalty strategies, with regional teams for North America, Europe and Asia. Oncology companies on its portfolio page include Adcendo (tissue-factor antibody-drug conjugates), Adela (blood-based cancer detection by methylation), Adicet Bio (universal immune-cell therapies for cancer), Alentis Therapeutics (Claudin-1 antibodies and ADCs), Alpheus Medical (sonodynamic therapy for glioblastoma) and Alterome Therapeutics (alteration-specific precision oncology). Treeline Biosciences is featured on the homepage.
| Company | Stage | Type | Cancers | Latest round |
|---|---|---|---|---|
| Adcendo Copenhagen, DK | Growth stage | biotech | Sarcomas (soft tissue, bone, GIST) | Series C 2026, $75M |
| Adela Toronto, CA | Startup | diagnostics | Series A 2023, $48M | |
| Alentis Therapeutics Basel, CH | Growth stage | biotech | Series D 2024, $181M | |
| Nucleus RadioPharma Rochester, MN, US | Startup | cro services | Series B 2026, $50M |
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