Orbimed Advisors, a fund focused on the healthcare sector, led by Samuel Isaly, disclosed minutes ago purchasing 125,000 shares of Mirati Therapeutics, Inc. (NASDAQ:MRTX). The fund purchased the shares in one transaction, at a price of $17.50 apiece, increasing its position to a total of 1.3 million shares.
Through the acquisition, Orbimed follows Baker Bros., which recently disclosed buying 400,000 shares of Mirati.
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