STAT+: Flagship, Orbimed, ARCH, Alta top list of high-performing biotech venture capital firms

Flagship Pioneering is on track to return its investors’ money an eye-popping 15 times over, according to public records gathered by STAT.

The Cambridge-based firm’s fourth fund, which officially launched in 2012, reported the highest investment multiple of any fund included in a new STAT report published on Monday that looks at returns for 17 major biotech venture capital firms during 2020.

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