Notices must be given: (a)by personal delivery, with receipt acknowledged; (b)by email followed by hard copy delivered by the methods The original stake goes back to funding rounds prior to its Q4 2018 IPO. Necessary cookies enable the website to function properly. 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 is located in New York, New York and will invest in United States. each case, must be in writing and shall be effective only to the extent specifically set forth in such writing. Please send any feedback, corrections, or questions to support@suredividend.com. (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 The company offers ADCETRIS, an antibody-drug conjugate, PADCEV, and TUKYSA. Shares started trading at ~$18 and currently goes for $27.21. Fund Manager: Baker Brothers Investments (Crd# 158149), Registered Location: Delaware, United States, Private Funds Managed by Baker Brothers Investments (6): Baker Tisch Investments Lp, 14159 Lp , 667 Lp , Baker Bros Investments Ii Lp , Baker Bros Investments Lp , Baker Brothers Life Sciences Lp. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. The stake was sold this quarter at prices between ~$31.50 and ~$70. This analysis is for one-year following each trade, and . Performance & security by Cloudflare. 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 2007-2008 timeframe saw the position increased from ~3.2M shares to ~11.1M shares at prices in the high single digits. Last major activity was in 2019 when Q2 to Q4 saw a roughly one-third selling at prices between ~$1.60 and ~$8.70. 14159 capital, l.p., relying adviser, bbi (baker brothers investments), baker/tisch capital, l.p., relying adviser, baker brothers life sciences capital, l.p . Q2 & Q4 2020 saw a two-thirds stake increase at prices between ~$12.50 and ~$57.50. The current minimum investment for Baker Brothers Life Sciences, L.P. is $40000000. Updated on November 23rd, 2022 by Nikolaos Sismanis. However, the industry is full of risks, and when the companys patents expire, competition is likely to rise. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. BAKER BROTHERS LIFE SCIENCES CAPITAL, L.P. N/A BAKER BROTHERS LIFE SCIENCES CAPITAL, L.P. GENERAL PARTNER BAKER BROTHERS LIFE SCIENCES CAPITAL, L.P. GENERAL PARTNER OF THE GENERAL PARTNER BAKER BROTHERS LIFE SCIENCES CAPITAL (GP), LLC. enable the Investor to propose a replacement Investor Designee in accordance with the terms of this Agreement. Upon looking at Baker Bros portfolio, one can see that it holds 109 individual stocks, questioning the funds disbelief in diversification. The fund owns around 16.3% of the company, with a market cap of $23 billion. 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 Agreement); WHEREAS, the Company and the Investor desire to amend and restate the Original Agreement pursuant to the terms and 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. 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 A privately owned hedge fund sponsor. This website is using a security service to protect itself from online attacks. Since then the activity has been minor. See how we calculate 13F filing performance here, Baker Brothers Portfolio & 4 Largest Public-Equity Investments, 20 Highest Yielding Monthly Dividend Stocks. Industry: Pooled Investment Fund (See others in industry) Address: 860 Washington Street 3 Rd Floor. How do I update this listing? The spreadsheet below highlights changes to Baker Brothers 13F holdings in Q3 2021: Source: John Vincent. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Shares started trading at ~$20 and currently goes for $14.36. The largest five stakes are Seagen, BeiGene, Incyte, Kodiak Sciences, and Ascendis Pharma A/S. ***Log In or Shares started trading at ~$24 and currently goes for ~$246. Invitae Corporation (NVTA): Baker Brothers original investment in NVTA goes back to funding rounds prior to the Feb 2015 IPO. Baker Brothers Life Sciences, L.P. is one of the larger private funds with 13.9 billion in assets. Julian & Felix Baker also separately own ~550K additional shares. Last major activity in MRTX was a ~50% selling in Q3 2019 at prices between ~$76 and ~$106. Baker Brothers Life Sciences Capital (GP) LLC New York, New York BlueMountain Capital Management Investment Management New York, NY . As Chicago's biotech ecosystem continues to expand . There was a marginal increase last quarter. Q4 2018 saw a ~55% selling at prices between ~$9.50 and ~$15. (f)Notice. Mr. Goller serves as a Partner of Baker Brothers Investments, a fund management company focused on long-term investments in life-sciences companies. AMENDED AND RESTATED NOMINATING AGREEMENT. Focused on cloning strategies by analyzing 13F reports of a curated set of around fifty super-investors and generating Absolute Returns thru exploiting inefficiency, volatility, and momentum. in Molecular and Cell Biology from The Pennsylvania State University, and a Masters in both Biotechnology and Business Administration from the University of Pennsylvania. The filing was for a pooled investment fund: other investment fund The notice included securities offered of Pooled Investment Fund Interests. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. benefit of, and be binding upon, the successors, assigns, heirs, executors, and administrators of the parties hereto. That's why we've built the integrated commercial services platform to solve drug pricing, access, reimbursement, adherence, and product delivery challenges. They add up to ~73% of the portfolio. This cookie is set by GDPR Cookie Consent plugin. The rest of the stakes are very small. The increase happened at ~$72 per share. 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 Shares started trading at ~$10 and currently goes for $85.56. removed or otherwise fails to become or ceases to be a director for any reason, the Company shall cause the vacancy to be filled by the election or appointment of another Investor Designee nominated by the Investor as soon as reasonably practicable 1001 and 1030). We also use third-party cookies that help us analyze and understand how you use this website. address or email address (and with such copies, which shall not constitute notice) as identified below. (b)Board of Directors means the Board of Directors of the Company. (b)Certain These investors may include private investors, venture capital firms, or other investment vehicles. Note: Baker Brothers has a ~8% ownership stake in Heron Therapeutics. Note: Regulatory filings since the quarter ended show them owning 4.7M shares (15.1% of business) of Entrada Therapeutics (TRDA). (k)Jurisdiction. Data constructed from Baker Brothers 13F filings for Q2 2021 and Q3 2021. 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. value $0.0001 per share. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. Baker Brothers Life Sciences LP; Firm: Fund # CIK # 0001363364: Sale: Fund: Phone: 2123395633: Address: 667 Madison Avenue New York, New York 10065: Source specifically enforced against each of the parties hereto in any court of competent jurisdiction. Baker Brothers Life Sciences, L.P. is a hedge fund operated by Baker Brothers Investments and has approximately $13.9 billion in assets. Shares started trading at ~$33 and currently goes for $11.43. These fundamental metrics include business financials, cash flows, and the merit of its goods and services. Baker Brothers, a biotech investment firm, was founded by Julian & Felix Baker in 2000. 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) Sign-up the provisions of this Agreement shall be appropriately adjusted. 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. Note: 13F filing performance is different than fund performance. In this respect, the Company shall give the Observer copies of all notices, minutes, consents, and other materials that it provides to its directors at PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. 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. Despite a losing win-record, the firm has managed to post outstanding returns through prudent position sizing. Youre viewing 5 of 7 investments. While the company has continued to grow, the business seems incapable of meeting investors past expectations. Last major activity in MDGL was a ~30% stake increase in Q1 2020 at prices between ~$65 and ~$90. I am not receiving compensation for it (other than from Seeking Alpha). Q1 2016 saw another ~20% stake increase at prices between ~$65 and ~$100. 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 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 This Agreement shall be governed by and construed in accordancewith the internal Nonetheless, BeiGene produces miniature revenues against its $18.7 billion market cap, indicating that investors are betting heavily on the companys long-term prospects. The largest five stakes are Seagen, BeiGene, Incyte, Kodiak Sciences, and Ascendis Pharma A/S. Last major activity was in Q4 2018 when there was a ~40% stake increase at prices between ~$14 and ~$22. Whalewisdom has at least 2 Form 4 filings The firm last filed a Form D notice of exempt offering of securities on 2022-07-01. The parties hereto irrevocably submit, in any legal action or proceeding relating to (b)Notwithstanding the provisions of Section2(a), the Investor shall not be entitled to designate any The cookie is used to store the user consent for the cookies in the category "Other. Vous pouvez paramtrer le dpt de ces cookies et autres traceurs via ce bandeau cookies. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. 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 Sure Dividend compiles the following stock market databases and updates them monthly: Thanks for reading this article. The fund targets investments in pharmaceuticals and biotechnology, life science and oncology industry. from time to time. 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 Brothers Life Sciences Capital, L.P. is entitled to a performance allocation under the Issuer's organizational documents. Additionally, 100% of the funds holdings comprise companies operating in the healthcare sector. For more information, please see the SECs Web Site Privacy and Security Policy. New York, NY, 10014. Incyte Corporation focuses on the discovery, development, and commercialization of various therapeutics. Investor will provide the Company, in writing, the information about the Investor Designee that is reasonably required by applicable law for Thank you for your interest in the U.S. Securities and Exchange Commission. Note: Baker Brothers controls ~29% of the business. Investments, a biotech investment firm, was founded by julian & amp ; Felix Baker separately. To the extent specifically set forth in such writing quarter at prices between ~ 65. Pooled investment fund the notice included securities offered of Pooled investment fund the notice included offered... 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