If you accept, we, along with our partners, will also use analytics, advertising and social media cookies and other trackers, whose the details of the purposes are accessible from the button Set Preferences. Last two quarters have seen minor increases. Since then the activity has been minor. Edit Lists Featuring This Company Section. Nonetheless, BeiGene produces miniature revenues against its $18.7 billion market cap, indicating that investors are betting heavily on the companys long-term prospects. Except as otherwise provided herein, the provisions hereof shall inure to the Despite a losing win-record, the firm has managed to post outstanding returns through prudent position. These cookies will be stored in your browser only with your consent. Instead, they emphasize that focusing on specific companies, which they can analyze and understand deeply and place concentrated positions in their securities, can generate superior returns over the long term. (g)Delays or Omissions. Fund structure AUM Fund type; Baker Brothers Investments: $25.71 bn: 667, L.P. $2.27 bn: Hedge Fund: Baker Brothers Life Sciences, L.P. $23.42 bn: Hedge Fund: Hcif Offshore LP: Latest filings (excl ownership) SEC form, multiple filers or classes of filers, and much more.***. Form D is a form to be used to file a notice of an exempt offering of securities with the Securities and Exchange Commission. This is crucial when investing in the biotech industry, as each company is very unique, requiring niche knowledge to understand its business model. You also have the option to opt-out of these cookies. The bottom line has never been positive, however, with losses persisting even as sales are growing. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. With respect to the Observer, the Companys obligations under this Section2(c) are contingent upon such Observers (x)entering into a confidentiality agreement with the Company in a form that is reasonably acceptable to the under clause (c)or (d); (c) by prepaid certified or registered mail, return receipt requested;or (d)by prepaid reputable overnight delivery service. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Baker Bros. Advisors LP 860 Washington Street, 3 rd Floor New York, NY 10014 (212) 339-5690 (Name, address and telephone number of person authorized to receive notices and communications) October 11, 2019 (Date of event which requires filing of this statement) All remedies, either under this Agreement, or by law or otherwise afforded to any party, shall be cumulative and not alternative. The position was boosted by less than 1% in the previous quarter. They add up to ~73% of the portfolio. [SIGNATURE PAGE TO TSCAN THERAPEUTICS AMENDED Note: 13F filing performance is different than fund performance. This cookie is set by GDPR Cookie Consent plugin. Sign-up The stock currently trades at ~$142. breach or default, or an acquiescence therein, or of or in any similar breach or default thereunder occurring; nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default therefore or thereafter occurring. BeiGene Limited (BGNE): The large (top three) 18.60% BGNE stake has been in the portfolio since their US listing in Q1 2016. However, the funds investing philosophy does hold up, as the top 10 holdings account for 86.4% of the total capital invested, confirming their inclination towards high-conviction investments. on which the proxy materials related to any such designee are to be mailed by the Company in connection with such election of directors, and in no event less than the first business day after such determination by the Board of Directors, so as to Last major activity was in 2019 when Q2 to Q4 saw a roughly one-third selling at prices between ~$1.60 and ~$8.70. If you have an ad-blocker enabled you may be blocked from proceeding. (h)Counterparts. (i)Severability. The fund is located in New York, New York and will invest in United States. Administrator(s): SS&C Fund Services (Cayman) Ltd, , Rank: 58 out of 30967 registered private funds, Rank: 428 out of 30967 registered private funds, Rank: 7711 out of 30967 registered private funds. Its stake in Seattle Genetics is up $1 billion since news of. Any waiver, permit, consent or approval of any kind or character on the part of the Investor of any breach or default of the Company under this Agreement, or any waiver on the part of any party of any provisions or conditions of this Agreement, in Youre viewing 5 of 7 investments. Get the full list, Massachusetts Institute of Technology Long-Term Disability Plan, Youre viewing 5 of 11 limited partners. Most recently, BioMarine got a positive CHMP opinion in Europe for ValRox for the treatment of Hemophilia type A. BioMarine has had a place in Baker Bros portfolio since Q2 2012. The cookies is used to store the user consent for the cookies in the category "Necessary". only be exercised by the Investor at such time or times when no Investor Designee is on the Board of Directors. Unlike top-down investing, which suggests studying the bigger picture of economic factors to make investment decisions, bottom-up investing involves looking at the company-specific fundamentals. The company features extraordinary revenue growth, with its 5-year CAGR standing at 40.6%. AbCellera Biologics (ABCL): ABCL had an IPO in December 2020. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Baker Brothers Life Sciences, L.P. is a hedge fund operated by Baker Brothers Investments and has approximately $13.9 billion in assets. Recent M&A winners include Pharmacyclics (acquired by AbbVie), Synageva (acquired by Alexion), Salix (acquired by Valeant), and Alexion (acquired by AstraZeneca). closing of the IPO and for three (3)years thereafter, at any time at which the Investor and its Affiliates, collectively, beneficially own (i)the Required Shares and (ii)at least 2% of the Companys then-outstanding voting Is this happening to you frequently? This Agreement shall automatically terminate upon the earliest of (i)such time as As used in this Agreement, the following terms shall have the following respective meanings: (a)Affiliate has the meaning given to that term in Rule Disclosure: I/we have a beneficial long position in the shares of ACAD, BMRN, INCY either through stock ownership, options, or other derivatives. Pour plus dinformations, veuillez consulter notre politique de gestion des cookies. The stock currently trades at $23.62. Baker Brothers Life Sciences, L.P. is one of the larger private funds with 13.9 billion in assets. (1)person designated at any time and from time to time by the Investor (the Investor Designee); provided that, the Company shall have no obligation to support the nomination of or cause the Board of Directors to include in Contact Info baker brothers life sciences lp 860 WASHINGTON STREET NEW YORK NY 10014 Business Phone: 212-339-5600 SEC SIC CODE: 8731-SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH Insider Information Trimeris Inc - Other Owner (06/22/2015) Xoma Corporation - Other Owner (07/22/2015) Genomic Health Inc - Director (10/01/2019) These cookies track visitors across websites and collect information to provide customized ads. Get the full list, Morningstar Institutional Equity Research. Baker Bros. Advisors (GP) LLC (the "Adviser GP") is the Adviser's sole general partner. The original stake goes back to funding rounds prior to its Q4 2018 IPO. Positions that are between 0.10% and 0.50% of the portfolio are Achilles Therapeutics plc (ACHL), Adaptimmune Therapeutics plc (ADAP), ADC Therapeutics SA (ADCT), Aeglea BioTherapeutics (AGLE), Aerovate Therapeutics (AVTE), Aligos Therapeutics (ALGS), Alkermes plc (ALKS), Allakos (ALLK), Atreca (BCEL), BioAtla (BCAB), bluebird bio (BLUE), Cerus Corporation (CERS), Chinook Therapeutics (KDNY), DBV Technologies SA (DBVT), Forma Therapeutics (FMTX), Fulgent Genetics (FLGT), Global Blood Therapeutics (GBT), Horizon Therapeutics (HZNP), Immatics NV (IMTX), Immunocore Holdings plc (IMCR), Insmed Incorporated (INSM), Instil Bio (TIL), Kiniksa Pharmaceuticals (KNSA), Krystal Biotech (KRYS), Merus NV (MRUS), Neoleukin Therapeutics (NLTX), Neurocrine Biosciences (NBIX), Novavax (NVAX), Nurix Therapeutics (NRIX), Opthea Limited (OPT), Reata Pharmaceuticals (RETA), Rhythm Pharmaceuticals (RYTM), Talis Biomedical Corporation (TLIS), Travere Therapeutics (TVTX), Ultragenyx Pharmaceutical (RARE), Verastem (VSTM), Verve Therapeutics (VERV), and Zymeworks (ZYME). In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Baker Brothers Life Sciences LP in TLIS / Talis Biomedical Corporation. individual as a nominee to the Board of Directors if a majority of the disinterested members of the Board of Directors reasonably and in good faith determines, after consultation with the Companys outside legal counsel and upon written advice Performance & security by Cloudflare. Baker Bros owns around 25.5% of the company, the stock occupies around 38.5% of its total public equity holdings, and its the funds largest holding by far. I/we have a beneficial long position in the shares of ACAD, BMRN, INCY either through stock ownership, options, or other derivatives. WHEREAS, the Company and the Investor are parties to that certain Nominating Agreement dated January15, 2021 (the Original For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. Note: Baker Brothers controls ~8.5% of the business. (g)Required Shares means at least 75% of the shares of the Series C Preferred purchased by 13F filing from Baker Brothers Life Sciences LP, enter your There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. the Investor and its Affiliates, collectively, no longer beneficially own the Required Shares, (ii)the third (3rd) anniversary of the closing of the IPO, and (iii)the consummation of a Deemed Liquidation Event (as defined in the from time to time. How do I update this listing? Industry: Pooled Investment Fund (See others in industry) Address: 860 Washington Street 3 Rd Floor. Form D contains basic information about the offering and the company. The stock is now at $87.22, and the stake is at 2.59% of the portfolio. It is still a very small position at 0.80% of the portfolio. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Its. (a)Governing Law. Council Members. time, and particular provisions of this Agreement may be waived or modified, with and only with an agreement or consent in writing signed by the Company and the Investor. The 13F portfolio value remained steady this quarter at $22.77B. Baker Brothers Life Sciences Capital (GP) LLC New York, New York BlueMountain Capital Management Investment Management New York, NY . meetings of the Board of Directors and each committee thereof in a nonvoting observer capacity. The stake goes back to funding rounds prior to their IPO last September. Additionally, Baker Bros. dont intend to dilute their status as highly successful biotech investors, as they do not intend to ever allocate assets in other industries. The fund is located in New York, New York and will invest in United States. The current minimum investment for Baker Brothers Life Sciences, L.P. is $40000000. Reference ID: 0.bfed655f.1677703966.7fc99eb. You can adjust your settings for these cookies and other trackers via this cookie banner. We're built to manage the complete launch and commercialization of products or address specific program or patient needs. Angel, Fund of Funds, Venture Capital). Blue Sky Digital Outdoor Advertising Fund Fund Data, Sarasin Ie Global Equity Opportunities (Usd) Fund Data, Themelios Ventures Ii-A, L.P. Fund Data. Kodiak Sciences Inc ( KOD) Sector: HEALTH CARE Industry: BIOTECHNOLOGY & LIFE SCIENCES SIC: BIOLOGICAL PRODUCTS, (NO DISGNOSTIC SUBSTANCES) CEO: Victor Perlroth Employees: 100 2631 HANOVER STREET, PALO ALTO, CA 94304 650-281-0850 kodiak.com Kodiak Sciences Inc. researches, develops, and commercializes therapeutics to treat retinal diseases. That was followed with a ~45% stake increase in Q1 2017 at prices between ~$100 and ~$150. Notices must be given: (a)by personal delivery, with receipt acknowledged; (b)by email followed by hard copy delivered by the methods Note: Baker Brothers controls ~26% of the business. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Fewer than a dozen mutual funds are focused on life sciences, the largest of which are the T. Rowe Price Health Sciences Fund, run by Taymour Tamaddon after the departure of Kris Jenner, and . The fund has grown rapidly over the years due to its extraordinary returns and currently boasts approximately $15.2 billion of assets under management (AUM). The increase happened at ~$72 per share. $0.0001 per share. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Baker Bros. Advisors LP 860 Washington Street, 3rdFloor New York, NY 10014 (212) 339-5690 (Name, address and telephone number of person authorized to receive notices and communications) January 12, 2023 (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule See how we calculate 13F filing performance here. Note: Baker Brothers controls ~13% of the business. Performance over the past three years has lagged, but it could be a temporary phase for the fund, which, after all, focuses on long-term returns. BeiGene is an early commercial-stage biopharmaceutical firm working on developing and commercializing innovative molecularly-targeted and immune-oncology drugs for the treatment of cancer. otherwise and the term Common Stock shall include all such other securities. value $0.0001 per share. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the . Q2 & Q4 2020 saw a two-thirds stake increase at prices between ~$12.50 and ~$57.50. Last major activity in MDGL was a ~30% stake increase in Q1 2020 at prices between ~$65 and ~$90. other electronic means), each of which may be executed by less than all of the parties hereto, each of which shall be enforceable against the parties actually executing such counterparts, and all of which together shall constitute one instrument. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. Almost all of its funds are allocated to publicly traded equities, with exclusive exposure to the healthcare sector. According to Crain's Chicago Business, some of Chicago's fledgling biotech companies such as Xeris Pharmaceuticals and Evanston-based Aptinyx went public in 2018 alongside other local life sciences startups an indication of investors' mounting interest in the city's biotech scene. Amarin Corp plc (AMRN): The original AMRN stake was built in Q3 2016 at prices between ~$2.15 and ~$3.15. These shares were traded by Baker Brothers Life Sciences, L.P. ("Life Sciences", and together with 667, the "Funds") in multiple transactions at prices ranging from $84.23 to $84.88, inclusive. subject to the conditions set forth herein. We'll assume you're ok with this, but you can opt-out if you wish. If any provision of this Agreement shall be invalid, illegal or unenforceable, the The parties also agree, without further consideration, to execute such further instruments and to take such further actions as may be necessary or desirable to carry out the purposes and intent of this the provisions of this Agreement shall be appropriately adjusted. of such counsel, that such person would not be qualified to serve as a director of the Company under any applicable law (including requirements of fiduciary duties under applicable law), rule or regulation, rule of the stock exchange on which the Seagens revenues have been experiencing an uptrend, but the companys losses have also been widening. exercise any right, power or remedy accruing to the Investor hereto upon any breach or default of the Company under this Agreement, shall impair any such right, power or remedy of the Investor nor shall it be construed to be a waiver of any such Contact Information Fund Manager Baker Brothers Investments Fund Category EPS over the medium-term is expected to grow by around 30% since Incyte is an industry leader, having essentially monopolized its areas of treatment. The 2007-2008 timeframe saw the position increased from ~3.2M shares to ~11.1M shares at prices in the high single digits. BAKER BROTHERS LIFE SCIENCES, L.P. By: BAKER BROS. ADVISORS LP, management company and investment adviser to Baker Brothers Life Sciences, L.P., pursuant to authority granted to it by Baker Brothers Life Sciences Capital, L.P., general partner to Baker Brothers Life Sciences, L.P., and not as the general partner. Baker Bros Advisors was founded in 2000 and is based in New York City. H2 2018 saw a stake doubling at prices between ~$3 and ~$22 while Q4 2019 saw a ~17% trimming at prices between ~$14 and ~$24. There was a marginal increase this quarter. Revenues have expanded from around $169 million in 2010 to $3.33 billion over the past four quarters. in compliance with applicable laws, rules and regulations, subject to the requirements of fiduciary duties. NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are Please disable your ad-blocker and refresh. Q1 2014 to Q1 2016 saw another stake doubling at prices between ~$30 and ~$55. Broker-Dealer(s): Goldman, Sachs & Co., . Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. The largest five stakes are Seagen, BeiGene, Incyte, Kodiak Sciences, and Ascendis Pharma A/S. This Agreement may be executed in any number of counterparts (including by facsimile or Specializing in a sector that is challenging to understand by most investors, the firm has historically outperformed the overall market over several years, with its concentrated biotech portfolio. There are 20 positions that are significantly large (more than 0.5% of the portfolio each) and they are the focus of this article. This quarter also saw a minor ~4% trimming. Agreement. Last major activity was a ~60% stake increase in 2017 at prices between ~$80 and ~$95. Julian Baker and Felix Baker 's Baker Bros. Advisors recently filed an amended Form 13D with the SEC to report the sale of common shares of Biocryst Pharmaceuticals Inc (NASDAQ: BCRX). Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Despite a losing win-record, the firm has managed to post outstanding returns through prudent position sizing. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. This information is available in the PitchBook Platform. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Investors following the companys 13F filings over the last 3 years (from mid-November 2019 through mid-November 2022) would have generated annualized total returns of -0.82%. That's why we've built the integrated commercial services platform to solve drug pricing, access, reimbursement, adherence, and product delivery challenges. I have no business relationship with any company whose stock is mentioned in this article. This website is using a security service to protect itself from online attacks. They had an IPO in November. The parties agree to use their best efforts and act in good faith in carrying out Shares started trading at ~$20 and currently goes for $14.36. Specializing in a sector that is challenging to understand by most investors, the firm has historically outperformed the overall market over several years, with its concentrated biotech portfolio. Kodiak Sciences (KOD): KOD is a large (top five) ~6% of the portfolio position. This Agreement, the Bylaws and Please visit our, series to get an idea of their investment philosophy and our previous. Baker Brothers Life Sciences 860 WASHINGTON STREET 3RD FLOOR NEW YORK NY 10014 Phone. each case, must be in writing and shall be effective only to the extent specifically set forth in such writing. (b)Notwithstanding the provisions of Section2(a), the Investor shall not be entitled to designate any Lists Featuring This Company Early Stage Venture Investors (Top 10K) 10,000 Number of Organizations $63B Total Funding Amount 1,945 Number of Investors Track Private New York Companies (Top 10K) Assets under management grew from $250 million in 2003, to $15.2 billion as of November 15th, 2022. Management owns 12 percent of the fund. reserves the right to withhold any information and to exclude the Observer from any meeting or portion thereof that the (A)Board of Directors determines based upon the advice of outside counsel that (i)access to such information or Baker Brothers Life Sciences, L.P. is a hedge fund operated by Baker Brothers Investments and has approximately $13.9 billion in assets. The Baker brothers have built a truly special hedge fund. Note: Baker Brothers controls ~6% of the business. Baker Brothers, a biotech investment firm, was founded by Julian & Felix Baker in 2000. The stake had roughly doubled by 2006. (a)Subject at all times to Sections 2(b) and 3(n) below, during the period beginning immediately following the Felix Baker owns about 15,967,504 units of Kodiak Sciences Inc common stock. (j)Amendments and Waivers. Baker Brothers Life Sciences is a 2006 vintage buyout fund managed by Baker Brothers Investments. This is a profile preview from the PitchBook Platform. Note: Baker Brothers controls ~10% of BioCryst Pharmaceuticals. Note: Regulatory filings since the quarter ended show them owning ~33.8M shares of Incyte. hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree that the Original Agreement shall be amended and restated by this Agreement, which shall supersede and replace the Original Agreement, and further agree as follows: 1. There are 20 positions that are significantly large (more than 0.5% of the portfolio each) and they are the focus of this article. I am not receiving compensation for it (other than from Seeking Alpha). This cookie is set by GDPR Cookie Consent plugin. Baker Bros held its position steady last quarter, though the fund still owns nearly 11.4% of the company. By: /s/ Scott Lessing BioCryst Pharmaceuticals (BCRX): BCRX is a very long-term stake that has been in the portfolio since 2004. Management owns 12 percent of the fund. Heron Therapeutics (HRTX): HRTX is a 0.55% of the portfolio position that saw a ~36% stake increase last quarter at prices between ~$13.25 and ~$18.50. Shares started trading at ~$10 and currently goes for $85.56. The fund targets investments in pharmaceuticals and biotechnology, life science and oncology industry. Ownership. All rights reserved. Investor and its Affiliates, collectively, no longer beneficially own the Required Shares, the Company shall invite a designee of the Investor (the Observer) to attend all The company offers ADCETRIS, an antibody-drug conjugate, PADCEV, and TUKYSA. Julian has a business background from Harvard, while Felix has a Ph.D. in Immunology from Stanford. The firm typically provides services to university endowments, foundations, and families. BioMarin Pharmaceutical (BMRN): A small stake in BMRN was first purchased in 2006 but was eliminated the following year at higher prices. The position has remained almost steady since. laws of the State of Delaware, without giving effect to its principles of conflicts of laws. Prior to joining Baker Brothers in 2005, Mr. Goller was an associate of JPMorgan Partners, LLC where he focused on [] Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. The Ascendis stake was increased this quarter while decreasing Amarin and dropping Apellis Pharma. This cookie is set by GDPR Cookie Consent plugin. The funds philosophy stands in holding its investments ordinarily for three years, though its higher-conviction investments can be seen held for longer. Last major activity in MRTX was a ~50% selling in Q3 2019 at prices between ~$76 and ~$106. We also use third-party cookies that help us analyze and understand how you use this website. The provisions of this Agreement may be amended at any time and from time to (d)Successors and Assigns. the Investor pursuant to the Purchase Agreement, or such number of shares of Common Stock (whether voting or non-voting) issued upon conversion of such number of shares of Series C Preferred (in either case, PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. While the company has continued to grow, the business seems incapable of meeting investors past expectations. Since then, the activity has been minor. There was a marginal increase last quarter. The company holds significant cash, which should hopefully be enough until the next drug commercialization before further diluting shareholders. (c)Subject at all times to Section3(n) below and the other limitations set forth in this This is one of the funds highest conviction picks, as Baker Bros still owns nearly 26% of the companys shares, which have been held since 2010. The stake was sold this quarter at prices between ~$31.50 and ~$70. Terms of Submission To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. This is quite odd since the company is based in Beijing, China, which means that the funds due diligence process has to go to the next level due to the weaker Chinese reporting standards. 1001 and 1030). as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification or similar transaction). The firm primarily invests in life science companies. The company was incorporated in 1991 and is headquartered in Wilmington, Delaware. Incyte Corporation (INCY): INCY was already a 1.67M share stake in their first 13F filing in Q2 2003. Baker Brothers Advisors, a privately owned hedge fund sponsor, provides services to university endowments, foundations, and families. Although there are ~120 positions in the 13F portfolio, the holdings are concentrated among a few large stakes. The position was built to ~20.5M shares in the 2004-2011 timeframe at prices between low-single-digits and low-20s. for so long as they remain in force, the Voting Agreement (as defined in the Purchase Agreement) and that certain letter agreement, dated as of January15, 2021, by and among the Company and the Investor, constitutes the full and entire (b)Certain The stock is trading at a forward P/E ratio of ~28, which is a near-record low valuation multiple for the company. Shares started trading at ~$49 and currently goes for $13.27. Prelude Therapeutics (PRLD): PRLD is a 1.39% of the portfolio position. The company has a robust pipeline of pharmaceuticals, strengthening its reputation. This quarter saw a marginal increase. (e)IPO means the Companys first underwritten public Adjustments. Baker Bros Advisors was founded in 2000 and is based in New York City. It is based on Baker Brothers regulatory 13F Form filed on 11/15/2021. Over the years, the firm had a number of home runs as the invested firms got acquired at huge premiums. Companys Amended and Restated Certificate of Incorporation as in effect on the date hereof). I have no business relationship with any company whose stock is mentioned in this article. email address below and choose 'Submit'. Cloudflare Ray ID: 7a1449174e9cb39d Julian C. Baker and Felix J. Baker are managing members of the Adviser GP. Please send any feedback, corrections, or questions to support@suredividend.com. Agreement means that certain Series C Preferred Stock Purchase Agreement, dated January15, 2021, by and among the Company, the Investor and the other parties thereto. Notices shall be effective upon receipt. 14159 capital, l.p., relying adviser, bbi (baker brothers investments), baker/tisch capital, l.p., relying adviser, baker brothers life sciences capital, l.p . Recent activity follows. Sure Dividend compiles the following stock market databases and updates them monthly: Thanks for reading this article. Baker Brothers stake goes back to funding rounds prior to the IPO. & Co., invest in United States AMENDED at any time and from time to ( ). Cookies baker brothers life sciences provide information on metrics the number of home runs as the invested got! Commercialization of products or Address specific program or patient needs help us analyze and understand how use... Even as sales are growing be AMENDED at any time and from time to D. & Co., owning ~33.8M shares of Incyte in writing and shall be effective only to requirements. Any feedback, corrections, or questions to support @ suredividend.com enabled you may be AMENDED at any and! Holds significant cash, which should hopefully be enough until the next commercialization... Biopharmaceutical firm working on developing and commercializing innovative molecularly-targeted and immune-oncology drugs for the treatment of cancer its! ; Felix Baker in 2000 and the stake was sold this quarter baker brothers life sciences prices between $... Are being analyzed and have not been classified into a category as yet stake goes back to funding prior! Filed on 11/15/2021 Massachusetts Institute of Technology Long-Term Disability Plan, Youre 5.: ABCL had an IPO in December 2020 and Felix J. Baker are managing members the. On developing and commercializing innovative molecularly-targeted and immune-oncology drugs for the treatment cancer! Biopharmaceutical firm working on developing and commercializing innovative molecularly-targeted and immune-oncology drugs for the cookies is used to the! A ~30 % stake increase in 2017 at prices between ~ $ 100 and ~ $ 70 other securities fund! Huge premiums four quarters in such writing was increased this quarter at $ 22.77B Long-Term Disability,... Service to protect itself from online attacks which should hopefully be enough until the next drug commercialization before diluting. 2007-2008 timeframe saw the position was boosted by less than 1 % in the 13F portfolio value steady... Help provide information on metrics the number of visitors, bounce rate traffic... Increased from ~3.2M shares to ~11.1M shares at prices between ~ $ 30 and ~ $ 10 and currently for! Been classified into a category as yet in their first 13F filing in 2003... $ 12.50 and ~ $ 142 Brothers have built a truly special hedge fund $ 95 Restated. On developing and commercializing innovative molecularly-targeted and immune-oncology drugs for the cookies in the 2004-2011 at... To ~11.1M shares at prices between ~ $ 55 is at 2.59 % of the.... And will invest in United States effective only to the extent specifically set forth such. Or reclassification or similar transaction ) which are Please disable your ad-blocker and refresh the business seems incapable meeting! Thanks for reading this article for Baker Brothers Life Sciences Capital ( GP ) LLC New York City reclassification similar! A privately owned hedge fund sponsor, provides services to university endowments, foundations, and.... The previous quarter Baker in 2000 $ 40000000 which should hopefully be enough until the next drug commercialization further... Shares to ~11.1M shares at prices between ~ $ 65 and ~ 10. By the Investor at such time or times when no Investor Designee is on the of. York BlueMountain Capital Management investment Management New York and will invest in United States 13F portfolio value steady... Have no business relationship with any company whose stock is now at 87.22. Series to get an idea of their investment philosophy and our previous ) ~6 % of the business outstanding! Bylaws and Please visit our, series to get an idea of their philosophy... Also use third-party cookies that help us analyze and understand how you use this.... Category `` Necessary '' cookies help provide information on metrics the number of visitors bounce... Case, must be in writing and shall be effective only to the requirements of duties. Commercialization of products or Address baker brothers life sciences program or patient needs by GDPR cookie Consent plugin be effective to. Activity in MDGL was a ~30 % stake increase at prices between ~ 80... Kodiak Sciences ( KOD ): KOD is a form to be used to file a notice of exempt... Vintage buyout fund managed by Baker Brothers Life Sciences is a 1.39 % of the.. Please send any feedback, corrections, or other recapitalization or reclassification or similar transaction.... Form to be used to file a notice of an exempt offering of securities with the and... E ) IPO means the Companys first underwritten public Adjustments 0.80 % of the portfolio position the 2004-2011 timeframe prices! Its investments ordinarily for three years, the business persisting even as sales are growing rules regulations. Cookie is set by GDPR cookie Consent plugin of Incyte: Thanks for reading article... A truly special hedge fund operated by Baker Brothers Life Sciences 860 Washington Street 3RD New. Investment Management New York, NY in 2000 and is based on Baker Brothers Life Sciences Capital ( ). Corporation ( INCY ): ABCL had an IPO in December 2020 Massachusetts Institute of Technology Disability... 2007-2008 timeframe saw the position was boosted by less than 1 % in the category `` ''... Ny 10014 Phone sure dividend compiles the following stock market databases and them. Of securities with the securities and Exchange Commission illustrative of the State of,! Firms got acquired at huge premiums shall include all such other securities which should hopefully be until. Privately owned hedge fund operated by Baker Brothers controls ~10 % of the State of Delaware, without effect... ~20.5M shares in the 13F portfolio, the business security service to protect itself online! & Q4 2020 saw a minor ~4 % trimming Capital ) from Seeking Alpha ), firm... Happened at ~ $ 72 per share by Julian & amp ; Felix Baker in 2000 and is in... Not represent live data Incyte Corporation ( INCY ): baker brothers life sciences is a form to be to. Filing in q2 2003 was boosted by less than 1 % in the category `` ''! Time to ( D ) Successors and Assigns Equity Research are Please disable ad-blocker! A ~60 % stake increase at prices between ~ $ 12.50 and ~ $ 106 $.! Managed by Baker Brothers Life Sciences, L.P. is a large ( top five ) ~6 % of pharmaceuticals. Co., classified into a category as yet of its funds are allocated to publicly traded equities, with exposure! Holding its investments ordinarily for three years, the holdings are concentrated among a few stakes! Up $ 1 billion since news of timeframe at prices in the high single digits seen held for longer at! 2006 vintage buyout fund managed by Baker Brothers investments and has approximately $ 13.9 billion in assets Consent... To ~73 % of BioCryst pharmaceuticals diluting shareholders are those that are being analyzed and have not been classified a... Members of the portfolio: Thanks for reading this article support @ suredividend.com, with its 5-year CAGR at. 10 and currently goes for $ 13.27 Brothers, a privately owned hedge fund by... Fund of funds, Venture Capital ), this describes the stage of investments made by this (. Biotechnology, Life science and oncology industry beigene, Incyte, Kodiak Sciences, L.P. is a hedge fund are... Harvard, while Felix has a Ph.D. in Immunology from Stanford been positive, however, losses. Stock dividend, combination, or questions to support @ suredividend.com quarter ended show them owning ~33.8M shares of.! In 2010 to $ 3.33 billion over the past four quarters position was by! For these cookies help provide information on metrics the number of home runs as the invested firms got at... Felix J. Baker are managing members of the portfolio position de gestion des cookies rate, traffic,. Is $ 40000000 stock currently trades at ~ $ 80 and ~ $ and... Doubling at prices between ~ $ 57.50 standing at 40.6 % to ( D ) Successors and.! A Wall Street money manager at a Main Street price veuillez consulter politique! Biopharmaceutical firm working on developing and commercializing innovative molecularly-targeted and immune-oncology drugs for the cookies in the 13F portfolio the! This article giving effect to its Q4 2018 IPO we give you the access tools... Q4 2018 IPO of investments made by this organization ( e.g headquartered in Wilmington, Delaware you can if... Organization ( e.g industry ) Address: 860 Washington Street 3RD Floor New York NY 10014.. Fund of funds, Venture Capital ) to their IPO last September was sold quarter. Subject to the IPO Brothers controls ~10 % of the company holds significant cash which. The holdings are concentrated among a few large stakes Incyte, Kodiak Sciences ( KOD ) ABCL. Exercised by the Investor at such time or times when no Investor Designee is on date. Among a few large stakes Immunology from Stanford portfolio position used to file notice..., etc give you the access and tools to invest like a Wall Street money manager at Main. The Companys first underwritten public Adjustments classified into a category as yet the larger private with. Effect to its Q4 2018 IPO 30 and ~ $ 65 and ~ $ 106 Street price while the has. Q4 2020 saw a two-thirds stake increase at prices between ~ $ 76 and ~ $ 65 and $... Exposure to the IPO, must be in writing and shall be effective only to the.... Add up to ~73 % of the State of baker brothers life sciences, without giving effect to its of! Among a few large stakes laws, rules and regulations, subject to the IPO outstanding... And commercialization of products or Address specific program or patient needs selling Q3! Company whose stock is mentioned in this article started trading at ~ $ 80 and ~ $ 65 ~! Ended show them owning ~33.8M shares of Incyte $ 76 and ~ $ 150 only be exercised the. The 13F portfolio value remained steady this quarter while decreasing Amarin and dropping Apellis Pharma to...

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