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Frazier Life Sciences Management, L.P.

CIK:0001892134
Venture Capital
$3B AUM
49 holdings
Palo Alto, CA, US
Founded:2005
30 employees
Latest filing:Jun 30, 2025

Frazier Life Sciences Management, L.P. is a healthcare-focused investment firm headquartered in Palo Alto, CA, USA. It manages both venture and public investment funds targeting novel therapeutic companies. Founded in 2005, the firm specializes in company creation, early stage venture investments, and public biotech investments. The firm manages several billion dollars in assets and employs a team of professionals with deep domain expertise in life sciences, serving entrepreneurs, private and public biotech companies, and institutional investors.

Investment Strategy

Frazier Life Sciences pursues investments in therapeutics companies across all stages, with its Venture Funds focusing on the creation and early-stage private companies (over 30 companies created since 2005) and Series A/B opportunities. The Public Funds deploy capital to small- and mid-cap public biotech firms through PIPEs, CMPOs, IPOs, and open market support. The firm's approach emphasizes partnering closely with entrepreneurs and management teams to build valuable companies and advance novel therapeutics for patients. They have raised multi-billion dollar funds and invest globally in therapeutics innovation.

Latest 13F Filing Activity

Frazier Life Sciences Management, L.P. filed their most recent 13F report on Jun 30, 2025 disclosing 48 equity positions with a total 13F market value of $3B. The fund increased holdings in Verona Pharma PLC, Phathom Pharmaceuticals Inc., Mirum Pharmaceuticals Inc. among other positions. Frazier Life Sciences Management, L.P. reduced exposure to Rhythm Pharmaceuticals Inc., Soleno Therapeutics Inc., Krystal Biotech Inc. among others.

Top Buys
V
VRNAVERONA PHARMA PLC
+$100.5M
P
PHATPHATHOM PHARMACEUTICALS INC
+$56.2M
M
MIRMMIRUM PHARMACEUTICALS INC
+$39.7M
Z
ZLABZAI LAB LTD
+$33.1M
B
BBIOBRIDGEBIO PHARMA INC
+$32.7M
Top Sells
R
RYTMRHYTHM PHARMACEUTICALS INC
-$36.0M
S
SLNOSOLENO THERAPEUTICS INC
-$35.7M
K
KRYSKRYSTAL BIOTECH INC
-$29.5M
N
NAMSNEWAMSTERDAM PHARMA COMPANY
-$29.1M
M
MRUSMERUS N V
-$15.7M

Top Holdings

M
MIRMMIRUM PHARMACEUTICALS INC
+13.8%$345.8M
V
VRNAVERONA PHARMA PLC
+12.8%$320.1M
N
NAMSNEWAMSTERDAM PHARMA COMPANY
+12.0%$300.8M
B
BBIOBRIDGEBIO PHARMA INC
+6.6%$164.1M
A
ARQTARCUTIS BIOTHERAPEUTICS INC
+5.5%$138.4M

Equity Positions (48)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
MIRUM PHARMACEUTICALS INC13.83%$345.8M6,795,121$26.20$50.89+$39.7M
VERONA PHARMA PLC12.80%$320.1M3,383,950$15.98$94.58+$100.5M
NEWAMSTERDAM PHARMA COMPANY12.03%$300.8M16,607,074$14.20$18.11-$29.1M
BRIDGEBIO PHARMA INC6.56%$164.1M3,800,457$21.95$43.18+$32.7M
ARCUTIS BIOTHERAPEUTICS INC5.54%$138.4M9,874,511$18.53$14.02+$1.0M

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+84.3%
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
+15.1%
BLANK CHECKS
+2.8%

Investment Team (11)

NameRoleLocationLinkedIn
Aditya Kohli
Aditya Kohli
PartnerNew York, NY , United States
Daniel Estes
Daniel Estes
General PartnerSan Diego, CA , United States
Kiah Williams
Kiah Williams
Senior AssociateMenlo Park, CA , United States
Patrick Heron
Patrick Heron
Managing PartnerMenlo Park, CA , United States
A
Albert Cha
Managing PartnerLos Altos, CA , United States
A
Angel Martin
Senior AssociateCA , United States
Anna Chen
Anna Chen
PartnerSan Diego, CA , United States
Jason Wang
Jason Wang
Senior AssociatePalo Alto, CA , United States
Joe Cabral
Joe Cabral
PrincipalBoston, MA , United States
Kevin Li
Kevin Li
PrincipalPalo Alto, CA , United States
Showing 1-10 of 11 team members