0001172661-13-000738.txt : 20130417
0001172661-13-000738.hdr.sgml : 20130417
20130417162707
ACCESSION NUMBER: 0001172661-13-000738
CONFORMED SUBMISSION TYPE: 13F-HR/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121231
FILED AS OF DATE: 20130417
DATE AS OF CHANGE: 20130417
EFFECTIVENESS DATE: 20130417
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: 13767153
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
orbimedadvisors4q12a2.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: December 31, 2012
Check here if Amendment [ X]; Amendment Number: 2
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 April 17, 2013
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: 114
Form 13F Information Table Value Total: $3,322,844 (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 28484 2088300 SH DEFINED 1 673600 0 1414700
ABBOTT LABS COM 002824100 7835 250000 SH CALL DEFINED 1 61500 0 188500
ABBOTT LABS COM 002824100 85151 2717000 SH DEFINED 1 238000 0 2479000
ACADIA PHARMACEUTICALS INC COM 004225108 5245 1128000 SH DEFINED 1 418000 0 710000
ACHILLION PHARMACEUTICALS IN COM 00448Q201 4157 519000 SH DEFINED 1 177000 0 342000
ACORDA THERAPEUTICS INC COM 00484M106 8925 359000 SH DEFINED 1 0 0 359000
ACTAVIS INC COM 00507K103 82990 965000 SH DEFINED 1 181000 0 784000
AETNA INC NEW COM 00817Y108 19728 426000 SH DEFINED 1 0 0 426000
AFFYMAX INC COM 00826A109 48937 2577000 SH DEFINED 1 453000 0 2124000
AFFYMETRIX INC COM 00826T108 21654 6831000 SH DEFINED 1 1715500 0 5115500
AFFYMETRIX INC NOTE 4.000% 7/0 00826TAH1 3409 4100000 PRN DEFINED 1 0 0 4100000
AGILENT TECHNOLOGIES INC COM 00846U101 6428 157000 SH DEFINED 1 0 0 157000
ALEXION PHARMACEUTICALS INC COM 015351109 24766 264200 SH DEFINED 1 0 0 264200
ALLERGAN INC COM 018490102 9173 100000 SH PUT DEFINED 1 23500 0 76500
ALLERGAN INC COM 018490102 35683 389000 SH DEFINED 1 0 0 389000
AMARIN CORP PLC SPONS ADR NEW 023111206 4854 600000 SH SOLE 600000 0 0
AMGEN INC COM 031162100 71770 832600 SH DEFINED 1 61300 0 771300
ANTARES PHARMA INC COM 036642106 30232 7934800 SH DEFINED 1 2604800 0 5330000
ARRAY BIOPHARMA INC COM 04269X105 16108 4330100 SH DEFINED 1 1342600 0 2987500
AUXILIUM PHARMACEUTICALS INC COM 05334D107 1112 60000 SH DEFINED 1 0 0 60000
BAXTER INTL INC COM 071813109 34930 524000 SH DEFINED 1 0 0 524000
BIODEL INC COM NEW 09064M204 3279 1395510 SH SOLE 1395510 0 0
BIOGEN IDEC INC COM 09062X103 115676 790300 SH DEFINED 1 133200 0 657100
BIOMARIN PHARMACEUTICAL INC COM 09061G101 49766 1011500 SH DEFINED 1 181000 0 830500
BOSTON SCIENTIFIC CORP COM 101137107 3725 650000 SH DEFINED 1 0 0 650000
BRISTOL MYERS SQUIBB CO COM 110122108 55729 1710000 SH DEFINED 1 0 0 1710000
BRISTOL MYERS SQUIBB CO COM 110122108 8050 247000 SH CALL DEFINED 1 63500 0 183500
CARDINAL HEALTH INC COM 14149Y108 7795 189300 SH DEFINED 1 0 0 189300
CAREFUSION CORP COM 14170T101 4427 154900 SH DEFINED 1 0 0 154900
CELGENE CORP COM 151020104 64691 824400 SH DEFINED 1 161000 0 663400
CELGENE CORP RIGHT 12/31/2030 151020112 315 49100 SH DEFINED 1 0 0 49100
CELL THERAPEUTICS INC COM NPV NEW 2012 150934883 4643 3571427 SH DEFINED 1 1789285 0 1782142
CELSION CORPORATION COM NEW 15117N305 819 100000 SH CALL DEFINED 1 49500 0 50500
CELSION CORPORATION COM NEW 15117N305 819 100000 SH PUT DEFINED 1 49500 0 50500
CENTENE CORP DEL COM 15135B101 7708 188000 SH DEFINED 1 75000 0 113000
CIGNA CORPORATION COM 125509109 20742 388000 SH DEFINED 1 101000 0 287000
COVANCE INC COM 222816100 2773 48000 SH DEFINED 1 0 0 48000
CUBIST PHARMACEUTICALS INC COM 229678107 6068 144300 SH DEFINED 1 0 0 144300
CUBIST PHARMACEUTICALS INC NOTE 2.500%11/0 229678AD9 3110 2000000 PRN DEFINED 1 0 0 2000000
CURIS INC COM 231269101 1609 469000 SH DEFINED 1 0 0 469000
DAVITA HEALTHCARE PARTNERS I COM 23918K108 7184 65000 SH DEFINED 1 0 0 65000
DENDREON CORP COM 24823Q107 18095 3420600 SH DEFINED 1 743000 0 2677600
DENDREON CORP NOTE 2.875% 1/1 24823QAC1 4940 6500000 PRN DEFINED 1 0 0 6500000
DERMA SCIENCES INC COM PAR $.01 249827502 3611 325000 SH DEFINED 1 105000 0 220000
EDWARDS LIFESCIENCES CORP COM 28176E108 4509 50000 SH DEFINED 1 0 0 50000
ENDOCYTE INC COM 29269A102 8604 958100 SH DEFINED 1 273800 0 684300
EXACT SCIENCES CORP COM 30063P105 46374 4379000 SH DEFINED 1 673000 0 3706000
EXPRESS SCRIPTS HLDG CO COM 30219G108 16200 300000 SH CALL DEFINED 1 74000 0 226000
EXPRESS SCRIPTS HLDG CO COM 30219G108 97425 1804170 SH DEFINED 1 255000 0 1549170
FLUIDIGM CORP DEL COM 34385P108 19593 1369200 SH DEFINED 1 173100 0 1196100
FOREST LABS INC COM 345838106 4238 120000 SH DEFINED 1 0 0 120000
GILEAD SCIENCES INC COM 375558103 89025 2424100 SH DEFINED 1 294000 0 2130100
GIVEN IMAGING ORD SHS M52020100 14937 855000 SH DEFINED 1 0 0 855000
HCA HOLDINGS INC COM 40412C101 79649 2640000 SH DEFINED 1 295000 0 2345000
HI-TECH PHARMACAL INC COM 42840B101 11659 333300 SH DEFINED 1 110100 0 223200
HOLOGIC INC COM 436440101 5003 250000 SH DEFINED 1 0 0 250000
HUMANA INC COM 444859102 39874 581000 SH DEFINED 1 80000 0 501000
ILLUMINA INC COM 452327109 5559 100000 SH CALL DEFINED 1 23500 0 76500
ILLUMINA INC COM 452327109 92713 1667800 SH DEFINED 1 287000 0 1380800
IMPAX LABORATORIES INC COM 45256B101 44424 2168100 SH DEFINED 1 329100 0 1839000
INCYTE CORP COM 45337C102 66420 3998800 SH DEFINED 1 586600 0 3412200
INCYTE CORP NOTE 4.750%10/0 45337CAJ1 17315 8679000 PRN DEFINED 1 1857000 0 6822000
INFINITY PHARMACEUTICALS INC COM 45665G303 7000 200000 SH CALL DEFINED 1 47100 0 152900
INFINITY PHARMACEUTICALS INC COM 45665G303 111251 3178600 SH DEFINED 1 631000 0 2547600
INTERCEPT PHARMACEUTICALS IN COM 45845P108 73638 2150634 SH SOLE 2150634 0 0
JOHNSON & JOHNSON COM 478160104 31608 450900 SH DEFINED 1 0 0 450900
LIFE TECHNOLOGIES CORP COM 53217V109 93378 1904500 SH DEFINED 1 257000 0 1647500
MAKO SURGICAL CORP COM 560879108 15202 1183000 SH DEFINED 1 0 0 1183000
MAP PHARMACEUTICALS INC COM 56509R108 44274 2829000 SH DEFINED 1 930000 0 1899000
MCKESSON CORP COM 58155Q103 7369 76000 SH DEFINED 1 0 0 76000
MEDIVATION INC COM 58501N101 72811 1423200 SH DEFINED 1 264000 0 1159200
MEDTRONIC INC COM 585055106 7888 192300 SH DEFINED 1 0 0 192300
MERCK & CO INC NEW COM 58933Y105 6141 150000 SH CALL DEFINED 1 35500 0 114500
MERCK & CO INC NEW COM 58933Y105 113445 2771000 SH DEFINED 1 0 0 2771000
MOLINA HEALTHCARE INC COM 60855R100 4627 171000 SH DEFINED 1 58000 0 113000
MYLAN INC COM 628530107 83366 3037000 SH DEFINED 1 366000 0 2671000
NATUS MEDICAL INC DEL COM 639050103 17591 1575700 SH DEFINED 1 577800 0 997900
NEUROCRINE BIOSCIENCES INC COM 64125C109 33233 4442900 SH DEFINED 1 884000 0 3558900
NEWLINK GENETICS CORP COM 651511107 2500 200000 SH CALL DEFINED 1 49000 0 151000
NPS PHARMACEUTICALS INC COM 62936P103 11736 1289700 SH DEFINED 1 0 0 1289700
NXSTAGE MEDICAL INC COM 67072V103 30714 2730143 SH SOLE 2730143 0 0
ONYX PHARMACEUTICALS INC COM 683399109 107200 1419300 SH DEFINED 1 221500 0 1197800
ORASURE TECHNOLOGIES INC COM 68554V108 39038 5437000 SH DEFINED 1 1271000 0 4166000
PACIRA PHARMACEUTICALS INC COM 695127100 28301 1620000 SH SOLE 1620000 0 0
PERNIX THERAPEUTICS HLDGS IN COM 71426V108 19515 2518000 SH DEFINED 1 943400 0 1574600
PERRIGO CO COM 714290103 12255 117800 SH DEFINED 1 0 0 117800
PFIZER INC COM 717081103 223507 8912000 SH DEFINED 1 705000 0 8207000
PUMA BIOTECHNOLOGY INC COM 74587V107 15938 850000 SH SOLE 850000 0 0
REGENERON PHARMACEUTICALS COM 75886F107 37601 219800 SH DEFINED 1 56300 0 163500
REPROS THERAPEUTICS INC COM NEW 76028H209 9308 591000 SH DEFINED 1 290000 0 301000
SALIX PHARMACEUTICALS INC COM 795435106 13400 331100 SH DEFINED 1 95100 0 236000
SEQUENOM INC COM NEW 817337405 31500 6688000 SH DEFINED 1 1131000 0 5557000
SINOVAC BIOTECH LTD SHS P8696W104 716 228000 SH SOLE 228000 0 0
SOLTA MED INC COM 83438K103 1220 456800 SH DEFINED 1 131100 0 325700
SPDR S&P 500 ETF TR TR UNIT 78462F103 21362 150000 US PUT DEFINED 1 35300 0 114700
ST JUDE MED INC COM 790849103 5240 145000 SH DEFINED 1 0 0 145000
STRYKER CORP COM 863667101 6293 114800 SH DEFINED 1 0 0 114800
SUPERNUS PHARMACEUTICALS INC COM 868459108 23677 3302183 SH SOLE 3302183 0 0
SYNERON MEDICAL LTD ORD SHS M87245102 3035 350000 SH DEFINED 1 121000 0 229000
THERMO FISHER SCIENTIFIC INC COM 883556102 63652 998000 SH DEFINED 1 199400 0 798600
UNITEDHEALTH GROUP INC COM 91324P102 67420 1243000 SH DEFINED 1 141000 0 1102000
UROPLASTY INC COM NEW 917277204 5689 1750500 SH DEFINED 1 867600 0 882900
VALEANT PHARMACEUTICALS INTL COM 91911K102 8248 138000 SH DEFINED 1 0 0 138000
VERTEX PHARMACEUTICALS INC COM 92532F100 3645 87000 SH DEFINED 1 0 0 87000
VIVUS INC COM 928551100 12361 921100 SH DEFINED 1 163200 0 757900
VOCERA COMMUNICATIONS INC COM 92857F107 9413 375000 SH DEFINED 1 0 0 375000
VOLCANO CORPORATION NOTE 1.750%12/0 928645AB6 3033 3000000 PRN DEFINED 1 900000 0 2100000
WARNER CHILCOTT PLC IRELAND SHS A G94368100 4515 375000 SH CALL DEFINED 1 88400 0 286600
WARNER CHILCOTT PLC IRELAND SHS A G94368100 45787 3802900 SH DEFINED 1 1027000 0 2775900
WELLCARE HEALTH PLANS INC COM 94946T106 8862 182000 SH DEFINED 1 67000 0 115000
WELLPOINT INC COM 94973V107 54584 896000 SH DEFINED 1 137000 0 759000
XENOPORT INC COM 98411C100 17801 2291000 SH DEFINED 1 720700 0 1570300
XOMA CORP DEL COM 98419J107 5807 2419727 SH DEFINED 1 688500 0 1731227
ZIMMER HLDGS INC COM 98956P102 34483 517300 SH DEFINED 1 0 0 517300