0001172661-11-000560.txt : 20110815
0001172661-11-000560.hdr.sgml : 20110815
20110815152408
ACCESSION NUMBER: 0001172661-11-000560
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110630
FILED AS OF DATE: 20110815
DATE AS OF CHANGE: 20110815
EFFECTIVENESS DATE: 20110815
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: ORBIMED ADVISORS LLC
CENTRAL INDEX KEY: 0001055951
IRS NUMBER: 133976876
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-06774
FILM NUMBER: 111035747
BUSINESS ADDRESS:
STREET 1: 767 3RD AVENUE
STREET 2: 30TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2126845700
MAIL ADDRESS:
STREET 1: 767 3RD AVENUE
STREET 2: 30TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
13F-HR
1
orb2q11.txt
FORM 13F HOLDINGS REPORT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2011
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: OrbiMed Advisors LLC
Address: 767 3rd Avenue
30th Floor
New York, NY 10017
13F File Number: 028-06774
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Samuel D. Isaly
Title: Managing Member
Phone: (212) 739-6400
Signature, Place, and Date of Signing:
/s/ Samuel D. Isaly New York, NY August 15, 2011
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 110
Form 13F Information Table Value Total: $5,384,988 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
No. 13F File Number Name
1 028-10410 OrbiMed Capital LLC
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3SBIO INC SPONSORED ADR 88575Y105 27921 1601900 SH DEFINED 1 1601900 0 0
AETNA INC NEW COM 00817Y108 28570 648000 SH DEFINED 1 465000 0 183000
AFFYMAX INC COM 00826A109 17502 2547600 SH DEFINED 1 1914000 0 633600
AFFYMETRIX INC COM 00826T108 35079 4423600 SH DEFINED 1 3182000 0 1241600
AGILENT TECHNOLOGIES INC COM 00846U101 8024 157000 SH SOLE 0 0 157000
ALEXION PHARMACEUTICALS INC COM 015351109 8061 171400 SH DEFINED 1 76400 0 95000
ALIGN TECHNOLOGY INC COM 016255101 23666 1038000 SH DEFINED 1 940000 0 98000
ALLERGAN INC COM 018490102 126457 1519000 SH DEFINED 1 1155000 0 364000
ALLOS THERAPEUTICS INC COM 019777101 20862 9748400 SH DEFINED 1 7892400 0 1856000
AMARIN CORP PLC SPONS ADR NEW 023111206 26221 1817100 SH SOLE 1817100 0 0
AMGEN INC COM 031162100 4300 73700 SH DEFINED 1 73700 0 0
ANADYS PHARMACEUTICALS INC COM 03252Q408 5408 5301500 SH DEFINED 1 4451500 0 850000
ANTARES PHARMA INC COM 036642106 19844 8979000 SH DEFINED 1 5571000 0 3408000
ANTHERA PHARMACEUTICALS INC COM 03674U102 24510 3000000 SH SOLE 3000000 0 0
ARQULE INC COM 04269E107 11684 1869400 SH DEFINED 1 1699400 0 170000
ATHERSYS INC COM 04744L106 4379 1615700 SH SOLE 1615700 0 0
BAXTER INTL INC COM 071813109 33904 568000 SH DEFINED 1 340000 0 228000
BIODEL INC COM 09064M105 5568 2977777 SH SOLE 2977777 0 0
BIOGEN IDEC INC COM 09062X103 19887 186000 SH DEFINED 1 89000 0 97000
BIOMARIN PHARMACEUTICAL INC COM 09061G101 71856 2640800 SH DEFINED 1 2179800 0 461000
BOSTON SCIENTIFIC CORP COM 101137107 8292 1200000 SH SOLE 0 0 1200000
BRISTOL MYERS SQUIBB CO COM 110122108 142391 4916800 SH DEFINED 1 3626900 0 1289900
CARDINAL HEALTH INC COM 14149Y108 19849 437000 SH DEFINED 1 275000 0 162000
CAREFUSION CORP COM 14170T101 11792 434000 SH DEFINED 1 279100 0 154900
CELGENE CORP COM 151020104 21619 358400 SH DEFINED 1 324000 0 34400
CIGNA CORP COM 125509109 51337 998200 SH DEFINED 1 663200 0 335000
COMPLETE GENOMICS INC COM 20454K104 63508 4156270 SH SOLE 4156270 0 0
COVANCE INC COM 222816100 2850 48000 SH SOLE 0 0 48000
COVIDIEN PLC SHS G2554F113 6920 130000 SH SOLE 0 0 130000
CUBIST PHARMACEUTICALS INC COM 229678107 2249 62500 SH DEFINED 1 62500 0 0
CUBIST PHARMACEUTICALS INC COM 229678107 3599 100000 SH CALL DEFINED 1 100000 0 0
CUBIST PHARMACEUTICALS INC NOTE 2.500%11/0 229678AD9 280710 2000000 PRN SOLE 0 0 2000000
CYNOSURE INC CL A 232577205 2177 179900 SH DEFINED 1 139600 0 40300
DAVITA INC COM 23918K108 5630 65000 SH SOLE 0 0 65000
EDWARDS LIFESCIENCES CORP COM 28176E108 4359 50000 SH SOLE 0 0 50000
ELAN PLC ADR 284131208 50602 4450500 SH DEFINED 1 3576900 0 873600
EXACT SCIENCES CORP COM 30063P105 27084 3149300 SH DEFINED 1 2658300 0 491000
EXPRESS SCRIPTS INC COM 302182100 70509 1306200 SH DEFINED 1 936200 0 370000
FLUIDIGM CORP DEL COM 34385P108 10884 649000 SH DEFINED 1 459000 0 190000
FOREST LABS INC COM 345838106 9835 250000 SH CALL DEFINED 1 250000 0 0
FOREST LABS INC COM 345838106 12904 328000 SH DEFINED 1 150000 0 178000
GILEAD SCIENCES INC COM 375558103 142881 3450400 SH DEFINED 1 2741400 0 709000
GIVEN IMAGING ORD SHS M52020100 18417 905000 SH DEFINED 1 715000 0 190000
HCA HOLDINGS INC COM 40412C101 19655 595600 SH DEFINED 1 500000 0 95600
HOLOGIC INC COM 436440101 5043 250000 SH SOLE 0 0 250000
HOSPIRA INC COM 441060100 23231 410000 SH DEFINED 1 315000 0 95000
HOSPIRA INC COM 441060100 5666 100000 SH CALL DEFINED 1 100000 0 0
HUMAN GENOME SCIENCES INC COM 444903108 49058 1999100 SH DEFINED 1 1620300 0 378800
HUMANA INC COM 444859102 54799 680400 SH DEFINED 1 475400 0 205000
IDENIX PHARMACEUTICALS INC COM 45166R204 13576 2715100 SH DEFINED 1 2182600 0 532500
ILLUMINA INC COM 452327109 60841 809600 SH DEFINED 1 683600 0 126000
INCYTE CORP COM 45337C102 66928 3533700 SH DEFINED 1 2716300 0 817400
INCYTE CORP NOTE 4.750%10/0 45337CAJ1 1773763 7720000 PRN DEFINED 1 7720000 0 0
INHIBITEX INC COM 45719T103 11117 2836000 SH SOLE 2836000 0 0
INSMED INC COM PAR $.01 457669307 4091 341200 SH DEFINED 1 341200 0 0
INSULET CORP COM 45784P101 32342 1458805 SH SOLE 1458805 0 0
INTERMUNE INC COM 45884X103 7199 200800 SH DEFINED 1 200800 0 0
JOHNSON & JOHNSON COM 478160104 71975 1082000 SH DEFINED 1 425000 0 657000
K V PHARMACEUTICAL CO CL A 482740206 17292 6357300 SH DEFINED 1 5437300 0 920000
LIFE TECHNOLOGIES CORP COM 53217V109 58365 1120900 SH DEFINED 1 873900 0 247000
MAP PHARMACEUTICALS INC COM 56509R108 24841 1555500 SH DEFINED 1 1045500 0 510000
MCKESSON CORP COM 58155Q103 25781 308200 SH DEFINED 1 145000 0 163200
MEDCO HEALTH SOLUTIONS INC COM 58405U102 4126 73000 SH SOLE 0 0 73000
MEDIVATION INC COM 58501N101 13674 638100 SH DEFINED 1 408400 0 229700
MEDIVATION INC COM 58501N101 1607 75000 SH CALL DEFINED 1 75000 0 0
MEDTRONIC INC COM 585055106 55160 1431600 SH DEFINED 1 811600 0 620000
MERCK & CO INC NEW COM 58933Y105 77073 2184000 SH DEFINED 1 1463000 0 721000
MYLAN INC COM 628530107 35870 1454000 SH DEFINED 1 1139000 0 315000
NPS PHARMACEUTICALS INC COM 62936P103 37795 3999500 SH DEFINED 1 3363100 0 636400
NXSTAGE MEDICAL INC COM 67072V103 56842 2730143 SH SOLE 2730143 0 0
ONCOTHYREON INC COM 682324108 12842 1397400 SH DEFINED 1 1235800 0 161600
ONYX PHARMACEUTICALS INC COM 683399109 2831 80200 SH DEFINED 1 80200 0 0
ONYX PHARMACEUTICALS INC COM 683399109 7060 200000 SH CALL DEFINED 1 200000 0 0
ORASURE TECHNOLOGIES INC COM 68554V108 18485 2167000 SH DEFINED 1 1541700 0 625300
OREXIGEN THERAPEUTICS INC COM 686164104 159 100000 SH DEFINED 1 100000 0 0
OREXIGEN THERAPEUTICS INC COM 686164104 159 100000 SH CALL DEFINED 1 100000 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 3299 282000 SH DEFINED 1 282000 0 0
PACIRA PHARMACEUTICALS INC COM 695127100 33947 2828942 SH SOLE 2828942 0 0
PERRIGO CO COM 714290103 34805 396100 SH DEFINED 1 367100 0 29000
PFIZER INC COM 717081103 138626 6729400 SH DEFINED 1 4048000 0 2681400
PHARMACYCLICS INC COM 716933106 2610 250000 SH CALL DEFINED 1 250000 0 0
PHARMACYCLICS INC COM 716933106 57693 5526167 SH DEFINED 1 4277667 0 1248500
PHARMASSET INC COM 71715N106 11220 100000 SH CALL DEFINED 1 100000 0 0
PHARMASSET INC COM 71715N106 56930 507400 SH DEFINED 1 390400 0 117000
QUEST DIAGNOSTICS INC COM 74834L100 4314 73000 SH SOLE 0 0 73000
QUESTCOR PHARMACEUTICALS INC COM 74835Y101 2410 100000 SH CALL DEFINED 1 100000 0 0
REGENERON PHARMACEUTICALS COM 75886F107 4367 77000 SH DEFINED 1 77000 0 0
SANOFI RIGHT 12/31/2020 80105N113 3837 1592300 SH DEFINED 1 1592300 0 0
SEQUENOM INC COM NEW 817337405 30547 4046000 SH DEFINED 1 3046000 0 1000000
SEQUENOM INC COM NEW 817337405 4530 600000 SH CALL DEFINED 1 600000 0 0
SHIRE PLC SPONSORED ADR 82481R106 89999 955300 SH DEFINED 1 816300 0 139000
SOLTA MED INC COM 83438K103 1360 492900 SH DEFINED 1 320000 0 172900
STRYKER CORP COM 863667101 23523 400800 SH SOLE 220000 0 180800
SYNERON MEDICAL LTD ORD SHS M87245102 4420 364400 SH DEFINED 1 225400 0 139000
TARGACEPT INC COM 87611R306 7206 342000 SH DEFINED 1 342000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 70275 1091400 SH DEFINED 1 853400 0 238000
TRANZYME INC COM 89413J102 2926 700000 SH DEFINED 1 700000 0 0
TRIUS THERAPEUTICS INC COM 89685K100 3564 450000 SH DEFINED 1 450000 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102 3488 63300 SH DEFINED 1 63300 0 0
UNITEDHEALTH GROUP INC COM 91324P102 79227 1536000 SH DEFINED 1 1000000 0 536000
UROPLASTY INC COM NEW 917277204 5438 725000 SH DEFINED 1 725000 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 12886 248000 SH DEFINED 1 110000 0 138000
VALEANT PHARMACEUTICALS INTL COM 91911K102 7794 150000 SH CALL DEFINED 1 150000 0 0
VIVUS INC COM 928551100 26367 3239200 SH DEFINED 1 2469200 0 770000
VOLCANO CORPORATION COM 928645100 8402 260200 SH DEFINED 1 260200 0 0
VOLCANO CORPORATION NOTE 2.875% 9/0 928645AA8 186539 1500000 PRN DEFINED 1 1500000 0 0
WARNER CHILCOTT PLC IRELAND SHS A G94368100 75891 3145100 SH DEFINED 1 2596100 0 549000
WATSON PHARMACEUTICALS INC COM 942683103 63685 926600 SH DEFINED 1 724600 0 202000
WELLPOINT INC COM 94973V107 141912 1801600 SH DEFINED 1 1342400 0 459200
ZIMMER HLDGS INC COM 98956P102 37604 595000 SH DEFINED 1 385000 0 210000