The global healthcare industry sits at the intersection of several powerful long-term growth trends led by global demographics and the ineluctable advance of scientific innovation in treating disease.
These trends have caused a steady increase in the level of healthcare spending in the industrialized world, led by the U.S. which now spends over 17% of its GDP on healthcare. We believe the healthcare industry's powerful growth profile coupled with its magnitude and complexity create myriad investment opportunities.
OrbiMed invests across the global healthcare industry, from seed-stage venture capital to large publicly-traded companies. Investments are made in one of three strategies: public equity, private equity, and private credit/royalty.
To thrive, organisms need to adapt and grow. So do investment firms. Through 25 years of volatile, changing investment environments, we've embraced new opportunities and expanded our global footprint.