Global healthcare investment firm OrbiMed announced it raised more than $4.3 billion in commitments for its private investment funds – OrbiMed Asia Partners V, OrbiMed Royalty & Credit Opportunities IV and OrbiMed Private Investments IX.
A range of university endowments, pension funds, medical institutions, foundations, family offices and sovereign wealth funds invested in the funds.
WHAT IT...
Health insurers need to make a change fast, according to a new report from investment firm the Psilos Group. The group's 2014 Healthcare Outlook report contends that the shift in insurers' customer base from mostly employers to mostly individuals, spurred by the Affordable Care Act, will lead to a major shift in how the insurance market works.
“The health insurance industry’s 50-year legacy as a...
