0001172661-12-001215.txt : 20121213
0001172661-12-001215.hdr.sgml : 20121213
20121213091554
ACCESSION NUMBER: 0001172661-12-001215
CONFORMED SUBMISSION TYPE: 13F-HR/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120930
FILED AS OF DATE: 20121213
DATE AS OF CHANGE: 20121213
EFFECTIVENESS DATE: 20121213
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/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-06774
FILM NUMBER: 121261107
BUSINESS ADDRESS:
STREET 1: 601 LEXINGTON AVENUE
STREET 2: 54TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: (212) 739-6400
MAIL ADDRESS:
STREET 1: 601 LEXINGTON AVENUE
STREET 2: 54TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
13F-HR/A
1
orbimedadvisors3q12a1.txt
FORM 13F AMENDMENT FILING
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2012
Check here if Amendment [ X]; Amendment Number: 1
This Amendment (Check only one.): [ X] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: OrbiMed Advisors LLC
Address: 601 Lexington Avenue
54th Floor
New York, NY 10022
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 December 13, 2012
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: 111
Form 13F Information Table Value Total: $3,477,267 (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 27127 2088300 SH DEFINED 1 1123600 0 964700
ABBOTT LABS COM 002824100 172360 2514000 SH DEFINED 1 1050000 0 1464000
ABBOTT LABS COM 002824100 17140 250000 SH CALL DEFINED 1 110000 0 140000
ACHILLION PHARMACEUTICALS IN COM 00448Q201 5400 519000 SH DEFINED 1 316000 0 203000
AETNA INC NEW COM 00817Y108 38436 970600 SH DEFINED 1 320000 0 650600
AFFYMAX INC COM 00826A109 55556 2638000 SH DEFINED 1 1416000 0 1222000
AFFYMETRIX INC COM 00826T108 29482 6793000 SH DEFINED 1 2978000 0 3815000
AFFYMETRIX INC NOTE 4.000% 7/0 00826TAH1 3996 4100000 PRN DEFINED 1 0 0 4100000
AGILENT TECHNOLOGIES INC COM 00846U101 6037 157000 SH DEFINED 1 0 0 157000
ALEXION PHARMACEUTICALS INC COM 015351109 24424 213500 SH DEFINED 1 0 0 213500
ALLERGAN INC COM 018490102 37667 411300 SH DEFINED 1 160000 0 251300
AMARIN CORP PLC SPONS ADR NEW 023111206 7545 600000 SH SOLE 600000 0 0
AMGEN INC COM 031162100 2647 31400 SH DEFINED 1 0 0 31400
ANTARES PHARMA INC COM 036642106 27613 6333300 SH DEFINED 1 3667300 0 2666000
ARIAD PHARMACEUTICALS INC COM 04033A100 17727 732200 SH DEFINED 1 251300 0 480900
ARRAY BIOPHARMA INC COM 04269X105 26125 4469600 SH DEFINED 1 2223000 0 2246600
ATHERSYS INC COM 04744L106 1829 1315700 SH SOLE 1315700 0 0
AUXILIUM PHARMACEUTICALS INC COM 05334D107 1468 60000 SH DEFINED 1 0 0 60000
BAXTER INTL INC COM 071813109 31581 524000 SH DEFINED 1 191000 0 333000
BIODEL INC COM NEW 09064M204 4145 1395510 SH SOLE 1395510 0 0
BIOGEN IDEC INC COM 09062X103 117891 790100 SH DEFINED 1 400700 0 389400
BIOMARIN PHARMACEUTICAL INC COM 09061G101 49798 1236900 SH DEFINED 1 709000 0 527900
BOSTON SCIENTIFIC CORP COM 101137107 3731 650000 SH DEFINED 1 0 0 650000
BRISTOL MYERS SQUIBB CO COM 110122108 90858 2692100 SH DEFINED 1 1453000 0 1239100
BRISTOL MYERS SQUIBB CO COM 110122108 8336 247000 SH CALL DEFINED 1 104000 0 143000
CARDINAL HEALTH INC COM 14149Y108 5261 135000 SH DEFINED 1 0 0 135000
CAREFUSION CORP COM 14170T101 4398 154900 SH DEFINED 1 0 0 154900
CELGENE CORP COM 151020104 28574 374000 SH DEFINED 1 0 0 374000
CELSION CORPORATION COM NEW 15117N305 3996 734600 SH DEFINED 1 645600 0 89000
CELSION CORPORATION COM NEW 15117N305 544 100000 SH CALL DEFINED 1 87000 0 13000
CELSION CORPORATION COM NEW 15117N305 544 100000 SH PUT DEFINED 1 87000 0 13000
CIGNA CORPORATION COM 125509109 14160 300200 SH DEFINED 1 261700 0 38500
COMPLETE GENOMICS INC COM 20454K104 4037 1300000 SH SOLE 1300000 0 0
COVANCE INC COM 222816100 2241 48000 SH DEFINED 1 0 0 48000
CUBIST PHARMACEUTICALS INC COM 229678107 6882 144300 SH DEFINED 1 0 0 144300
CUBIST PHARMACEUTICALS INC NOTE 2.500%11/0 229678AD9 3460 2000000 PRN DEFINED 1 0 0 2000000
DAVITA INC COM 23918K108 6735 65000 SH DEFINED 1 0 0 65000
DENDREON CORP COM 24823Q107 17443 3626400 SH DEFINED 1 2262400 0 1364000
DENDREON CORP NOTE 2.875% 1/1 24823QAC1 4258 6500000 PRN DEFINED 1 0 0 6500000
EDWARDS LIFESCIENCES CORP COM 28176E108 5369 50000 SH DEFINED 1 0 0 50000
ELAN PLC ADR 284131208 1072 100000 SH CALL DEFINED 1 43000 0 57000
ENDOCYTE INC COM 29269A102 10983 1101600 SH DEFINED 1 521400 0 580200
EXACT SCIENCES CORP COM 30063P105 52643 4785700 SH DEFINED 1 2607500 0 2178200
EXPRESS SCRIPTS HLDG CO COM 30219G108 109319 1745470 SH DEFINED 1 906400 0 839070
EXPRESS SCRIPTS HLDG CO COM 30219G108 15658 250000 SH CALL DEFINED 1 110000 0 140000
FLUIDIGM CORP DEL COM 34385P108 23276 1369200 SH DEFINED 1 307200 0 1062000
FOREST LABS INC COM 345838106 4273 120000 SH DEFINED 1 0 0 120000
GILEAD SCIENCES INC COM 375558103 198114 2986800 SH DEFINED 1 1392800 0 1594000
GIVEN IMAGING ORD SHS M52020100 12227 839200 SH DEFINED 1 427500 0 411700
HCA HOLDINGS INC COM 40412C101 47298 1422500 SH DEFINED 1 765600 0 656900
HI-TECH PHARMACAL INC COM 42840B101 10648 321600 SH DEFINED 1 194400 0 127200
HOLOGIC INC COM 436440101 5055 250000 SH DEFINED 1 0 0 250000
HUMANA INC COM 444859102 49007 698600 SH DEFINED 1 369400 0 329200
ILLUMINA INC COM 452327109 12048 250000 SH CALL DEFINED 1 107500 0 142500
ILLUMINA INC COM 452327109 81200 1685000 SH DEFINED 1 832900 0 852100
IMMUNOGEN INC COM 45253H101 28137 1928500 SH DEFINED 1 1025100 0 903400
IMPAX LABORATORIES INC COM 45256B101 62805 2419300 SH DEFINED 1 1225300 0 1194000
INCYTE CORP COM 45337C102 73341 4063200 SH DEFINED 1 2318000 0 1745200
INCYTE CORP NOTE 4.750%10/0 45337CAJ1 18678 8679000 PRN DEFINED 1 3187000 0 5492000
INFINITY PHARMACEUTICALS INC COM 45665G303 44462 1891200 SH DEFINED 1 883100 0 1008100
INSULET CORP COM 45784P101 4963 230000 SH SOLE 230000 0 0
LIFE TECHNOLOGIES CORP COM 53217V109 94305 1930300 SH DEFINED 1 984300 0 946000
LILLY ELI & CO COM 532457108 17660 372500 SH CALL DEFINED 1 324500 0 48000
LILLY ELI & CO COM 532457108 7112 150000 SH PUT DEFINED 1 66000 0 84000
MAKO SURGICAL CORP COM 560879108 20016 1149700 SH DEFINED 1 714400 0 435300
MAKO SURGICAL CORP COM 560879108 3482 200000 SH CALL DEFINED 1 88000 0 112000
MAP PHARMACEUTICALS INC COM 56509R108 35124 2255900 SH DEFINED 1 1414800 0 841100
MASIMO CORP COM 574795100 6069 251000 SH DEFINED 1 191000 0 60000
MCKESSON CORP COM 58155Q103 6538 76000 SH DEFINED 1 0 0 76000
MEDIVATION INC COM 58501N101 43784 777000 SH DEFINED 1 391100 0 385900
MEDTRONIC INC COM 585055106 4743 110000 SH DEFINED 1 0 0 110000
MERCK & CO INC NEW COM 58933Y105 209196 4639000 SH DEFINED 1 1882000 0 2757000
NATUS MEDICAL INC DEL COM 639050103 19511 1492800 SH DEFINED 1 949900 0 542900
NEUROCRINE BIOSCIENCES INC COM 64125C109 35308 4424600 SH DEFINED 1 2251900 0 2172700
NORDION INC COM 65563C105 540 80000 SH CALL DEFINED 1 34500 0 45500
NPS PHARMACEUTICALS INC COM 62936P103 23969 2591200 SH DEFINED 1 1484500 0 1106700
NXSTAGE MEDICAL INC COM 67072V103 36065 2730143 SH SOLE 2730143 0 0
ONCOTHYREON INC COM 682324108 7812 1522800 SH DEFINED 1 777800 0 745000
ONYX PHARMACEUTICALS INC COM 683399109 128719 1523300 SH DEFINED 1 794000 0 729300
ONYX PHARMACEUTICALS INC COM 683399109 4225 50000 SH CALL DEFINED 1 22000 0 28000
ORASURE TECHNOLOGIES INC COM 68554V108 57528 5178000 SH DEFINED 1 3180000 0 1998000
PACIRA PHARMACEUTICALS INC COM 695127100 28188 1620000 SH SOLE 1620000 0 0
PERNIX THERAPEUTICS HLDGS IN COM 71426V108 18759 2518000 SH DEFINED 1 1647000 0 871000
PERRIGO CO COM 714290103 13685 117800 SH DEFINED 1 0 0 117800
PFIZER INC COM 717081103 221215 8902000 SH DEFINED 1 3296000 0 5606000
REGENERON PHARMACEUTICALS COM 75886F107 33020 216300 SH DEFINED 1 118900 0 97400
REPROS THERAPEUTICS INC COM NEW 76028H209 9001 591000 SH DEFINED 1 519000 0 72000
SALIX PHARMACEUTICALS INC COM 795435106 7244 171100 SH DEFINED 1 88000 0 83100
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 8024 200000 SH PUT DEFINED 1 88000 0 112000
SEQUENOM INC COM NEW 817337405 23492 6655000 SH DEFINED 1 3821000 0 2834000
SOLTA MED INC COM 83438K103 1434 456800 SH DEFINED 1 245300 0 211500
SPDR S&P 500 ETF TR TR UNIT 78462F103 14397 100000 SH PUT DEFINED 1 44000 0 56000
ST JUDE MED INC COM 790849103 6109 145000 SH DEFINED 1 0 0 145000
STRYKER CORP COM 863667101 6390 114800 SH DEFINED 1 0 0 114800
SUPERNUS PHARMACEUTICALS INC COM 868459108 41580 3599998 SH SOLE 3599998 0 0
SYNERON MEDICAL LTD ORD SHS M87245102 3413 350000 SH DEFINED 1 199000 0 151000
THERMO FISHER SCIENTIFIC INC COM 883556102 60883 1034900 SH DEFINED 1 571600 0 463300
UNITEDHEALTH GROUP INC COM 91324P102 74914 1352000 SH DEFINED 1 657400 0 694600
UROPLASTY INC COM NEW 917277204 6669 1750500 SH DEFINED 1 1530500 0 220000
VALEANT PHARMACEUTICALS INTL COM 91911K102 7627 138000 SH DEFINED 1 0 0 138000
VERASTEM INC COM 92337C104 3922 417700 SH DEFINED 1 297500 0 120200
VERTEX PHARMACEUTICALS INC COM 92532F100 25150 450000 SH PUT DEFINED 1 197000 0 253000
VIVUS INC COM 928551100 56306 3161500 SH DEFINED 1 1779000 0 1382500
VOLCANO CORPORATION COM 928645100 5285 185000 SH DEFINED 1 0 0 185000
VOLCANO CORPORATION NOTE 2.875% 9/0 928645AA8 1780 1500000 PRN DEFINED 1 0 0 1500000
WARNER CHILCOTT PLC IRELAND SHS A G94368100 43462 3219400 SH DEFINED 1 2142700 0 1076700
WATSON PHARMACEUTICALS INC COM 942683103 84308 990000 SH DEFINED 1 603000 0 387000
WELLPOINT INC COM 94973V107 68864 1187100 SH DEFINED 1 605700 0 581400
XENOPORT INC COM 98411C100 13582 1186100 SH DEFINED 1 698700 0 487400
XOMA CORP DEL COM 98419J107 7166 1942000 SH DEFINED 1 1208800 0 733200
ZIMMER HLDGS INC COM 98956P102 37664 557000 SH DEFINED 1 213000 0 344000