CA

Cormorant Asset Management

North America, Massachusetts, United States, Boston

Description

Cormorant Asset Management is an employee-owned hedge fund sponsor that provides its services to pooled investment vehicles.

Investor Profile

Cormorant Asset Management has made 235 investments, with 24 in the past 12 months and 20% as lead.

Stage Focus

  • Series B (31%)
  • Series C (23%)
  • Series A (16%)
  • Post Ipo Equity (11%)
  • Series D (9%)
  • Series Unknown (4%)
  • Series E (3%)
  • Private Equity (1%)

Country Focus

  • United States (88%)
  • China (4%)
  • Switzerland (3%)
  • Canada (1%)
  • United Kingdom (1%)
  • Denmark (1%)
  • Belgium (1%)

Industry Focus

  • Biotechnology
  • Health Care
  • Medical
  • Therapeutics
  • Pharmaceutical
  • Life Science
  • Biopharma
  • Medical Device
  • Oncology
  • Health Diagnostics
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Cormorant Asset Management frequently co-invest with?

OrbiMed
North America, New York, United States, New York
Co-Investments: 39
HBM Healthcare Investments
Europe, Zug, Switzerland, Zug
Co-Investments: 29
Wellington Management
North America, Massachusetts, United States, Boston
Co-Investments: 29
Surveyor Capital
North America, Illinois, United States, Chicago
Co-Investments: 43
Casdin Capital
North America, New York, United States, New York
Co-Investments: 26
RA Capital Management
North America, Massachusetts, United States, Boston
Co-Investments: 41
Perceptive Advisors
North America, New York, United States, New York
Co-Investments: 29
Redmile Group
North America, California, United States, San Francisco
Co-Investments: 27
Logos Capital
North America, California, United States, San Francisco
Co-Investments: 40
Janus Henderson Investors
Europe, England, United Kingdom, London
Co-Investments: 43

Which angels does Cormorant Asset Management often collaborate with?

BM
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
PT
North America, California, United States, San Francisco
Shared Deals: 1
AG
North America, New Jersey, United States, New Brunswick
Shared Deals: 1
TA
North America, Massachusetts, United States, Cambridge
Shared Deals: 2
BN
North America, Massachusetts, United States, Boston
Shared Deals: 1
Adrian Cheng
Asia, Hong Kong
Shared Deals: 1
JB
North America, California, United States, Palo Alto
Shared Deals: 1

What are some of recent deals done by Cormorant Asset Management?

Fore Biotherapeutics

Philadelphia, Pennsylvania, United States

Fore Biotherapeutics is a precision oncology company specializing in cancer therapies guided by functional genomics.

BiotechnologyHealth CareHealth DiagnosticsMedicalOncology
Series DMay 6, 2025
Amount Raised: $38,000,000
Attovia Therapeutics

San Carlos, California, United States

Attovia Therapeutics is a biologics platform specializing in biotherapeutics for immune-mediated diseases.

BiotechnologyHealth CareMedicalTherapeutics
Series CApr 15, 2025
Amount Raised: $90,000,000
Neurona Therapeutics

San Francisco, California, United States

Neurona Therapeutics develops cell therapies for neurological disorders, focusing on treatments like NRTX-1001 for epilepsy.

BiotechnologyHealth CareTherapeutics
Series FApr 3, 2025
Amount Raised: $102,000,000
Edgewise Therapeutics

Boulder, Colorado, United States

Edgewise Therapeutics is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization.

BiopharmaBiotechnologyHealth Care
Post Ipo EquityApr 2, 2025
Amount Raised: $200,000,000
Supira Medical

Los Gatos, California, United States

Supira Medical is a clinical-stage company that develops catheter-based circulatory support devices for patients with heart conditions.

Health CareMedicalMedical Device
Series EMar 26, 2025
Amount Raised: $120,000,000
Latigo Biotherapeutics

Thousand Oaks, California, United States

Latigo Biotherapeutics is a clinical-stage biotechnology company that develops novel, non-opioid therapies for chronic pain.

BiotechnologyHealth CareMedicalTherapeutics
Series BMar 17, 2025
Amount Raised: $150,000,000
Garuda Therapeutics

Cambridge, Massachusetts, United States

Garuda Therapeutics develops off-the-shelf hematopoietic stem cell therapies to treat severe and life-threatening diseases.

BiotechnologyHealth CareLife ScienceTherapeutics
Series AMar 4, 2025
Amount Raised: $50,000,000
Umoja Biopharma

Seattle, Washington, United States

Umoja Biopharma is a biopharmaceutical company developing next-generation immunotherapies intended to combat cancer.

BiopharmaBiotechnologyDeveloper Platform
Series CJan 14, 2025
Amount Raised: $100,000,000
Numab

Wadenswil, Zurich, Switzerland

Numab is a biotechnology company that offers antibody-based therapeutics for the treatment of severe diseases.

BiopharmaBiotechnologyHealth CareHealth DiagnosticsLife ScienceMedicalTherapeutics
Series CJan 9, 2025
Amount Raised: $54,939,501
Orbis Medicines

Frederiksberg, Hovedstaden, Denmark

Orbis Medicines is a novel macrocyclic chemistry and computational platform for oral macrocycle drug discovery.

Health CareMedicalPharmaceuticalTherapeutics
Series AJan 6, 2025
Amount Raised: $93,200,023